Daily Market Wrap: February 13, 2013 Wednesday, February 13, 5:00 PM ET
It was a mixed day of trading as investors are anticipating a pullback following the recent rally.
On the economic front, the Commerce Department released data showing a slight gain in business inventories, up 0.1 percent in December, which was less than expected.
Also according to the Commerce Department, retail sales edged up 0.1 percent in January to a seasonally adjusted $416.6 billion. That reading was in line with estimates.
The Mortgage Bankers Association is reporting a 6.4 percent drop in weekly mortgage applications, with a decline in both refinancing and home purchase activity.
CMCSA) announced it will buy General Electric's (NYSE: GE) 49 percent stake in NBCUniversal in a deal worth about $16.7 billion.
Tomorrow, we'll take a look at the numbers for weekly jobless claims as well as earnings from General Motors (NYSE:
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Laggards: Home Furnishings & Improvement, Airlines
Related symbols: LZB, LOW, SAVE, UAL
Wednesday Sector Leaders: Shipping, Apparel Stores
Related symbols: SSW, NM, EXPR, AEO
Tuesday Sector Laggards: Precious Metals, Cigarettes & Tobacco Stocks
Related symbols: AU, ALO, UVV, BTI
Wednesday's ETF with Unusual Volume: LRGF
Related symbols: LRGF, AAPL, LUV, FL, OMC
Wednesday's ETF Movers: XME, IHI
Related symbols: TMST, CENX, SYK, GKOS, IHI, XME
XLY, UBR: Big ETF Outflows
Related symbols: XLY, UBR, AMZN, CMCSA
Daily Dividend Report: LYB, RE, CTL, APLE, VSH
Related symbols: LYB, RE, CTL, APLE, VSH
Daily Dividend Report: COTY, MSI, HUN, HRB, BDC, DSW, HEES
Related symbols: COTY, MSI, HUN, HRB, BDC, DSW, HEES
Daily Dividend Report: WLK, LOW, TROW, CINF, GPC, G
Related symbols: WLK, LOW, TROW, CINF, GPC, G
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Daily Market Wrap: February 13, 2013
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