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.
Analyst Moves: JNJ, LNKD, INTC
Related symbols: JNJ, LNKD, INTC, CS, C, BMO
Retail Analyst Moves: ULTA, FIVE, FDO, GPS
Related symbols: ULTA, FIVE, FDO, GPS
Analyst Moves: ORCL, HK, KSS
Related symbols: ORCL, HK, KSS, BMO, MS, BAC
Friday Sector Leaders: Music & Electronics Stores, General Contractors & Builders
Related symbols: CONN, VOXX, MHO, HXM
Friday Sector Laggards: Shipping, Royalty Trusts
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Related symbols: CONN, RCII, NM, BALT
Friday's ETF with Unusual Volume: KBWB
Related symbols: KBWB, BAC, C, USB, NYCB
Friday's ETF Movers: ITB, REM
Related symbols: LL, MHO, AGNC, CYS, REM, ITB
VYM, RUSS: Big ETF Outflows
Related symbols: VYM, RUSS, XOM, GE
Daily Dividend Report: SWY, MDT, CB, MJN, DTE
Related symbols: SWY, MDT, CB, MJN, DTE
Daily Dividend Report: PLD, BG, CHRW, DGX, CBI
Related symbols: PLD, BG, CHRW, DGX, CBI
Daily Dividend Report: TYC, PETM, ESS, ECL, EMN
Related symbols: TYC, PETM, ESS, ECL, EMN
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Related symbols: BMO, ARO, GES, ALCO, DMND, AEO
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Related symbols: ADI, EV, HRL, GLNG, RENN
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Related symbols: BBY, DE, ADTG, GPS
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Daily Market Wrap: February 13, 2013
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