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.
Tuesday Sector Laggards: General Contractors & Builders, Music & Electronics Stores
Related symbols: SKY, TOL, CONN, BBY
Tuesday Sector Leaders: Shipping, Agriculture & Farm Products
Related symbols: YRIV, GOGL, UAN, LUK
Monday Sector Laggards: Biotechnology, Drugs
Related symbols: ABEO, CRIS, NBRV, APLS
Tuesday's ETF with Unusual Volume: FAN
Related symbols: FAN, GE, DUK, TRN
Tuesday's ETF Movers: FTXO, ITB
Related symbols: FITB, BBT, TOL, TREX, ITB, FTXO
IAU, JDST: Big ETF Outflows
Related symbols: IAU, JDST
Daily Dividend Report: MRK, HRL, CLX, ESS, KSS
Related symbols: MRK, HRL, CLX, ESS, KSS
Daily Dividend Report: RYN, MNRO, AET, HAL, WLK, O
Related symbols: RYN, MNRO, AET, HAL, WLK, O
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Related symbols: HD, MO, CSX, CCI, WY, HIG
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Daily Market Wrap: February 13, 2013
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