Stock:
Symbol Lookup
Register | Login My Watchlist | My Account | Logout
History
to View Your Portfolio

Pre Market | Dow Jones | Gold | Newsletters | Learn


U.S. Stocks Inch Lower in Early Trading

Tuesday, January 22, 2013 11:12 AM
U.S. stocks traded lower during early trade on Tuesday as Wall Street investors weigh mixed bag of corporate earnings and wait for results from heavyweights after the closing bell. At last check, the Dow Jones Industrial Average Index was flat; the NASDAQ Composite Index fell 0.15% while the S&P 500 Index inched lower 0.09%. Shares of Johnson & Johnson (NYSE: JNJ) edged lower in early trade on Tuesday after the company’s fiscal fourth quarter revenue fell short of Street’s estimate; however earnings  on Non GAAP basis beat analysts’ forecast. Shares of chemical giant DuPont (NYSE: DD) and insurance company, and The Travelers Companies Inc. (NYSE: TRV) gained after both companies’ fiscal fourth quarter earnings bettered Wall Street’s expectations. After the closing bell, International Business Machines Corp. (NYSE: IBM) and tech giant Google Inc. (NASDAQ: GOOG), Texas Instruments Inc. (NASDAQ: TXN) and Archer Daniels Midland Company (NYSE: ADM ) are scheduled to report fiscal fourth quarter earnings. In spite of fiscal fourth quarter earnings on adjusted basis missing street’s estimate, shares of telecommunications giant Verizon Communication Inc. (NYSE: VZ) edged higher in early trade. Asian equities mainly ended lower as investors were disappointed by Bank of Japan’s new economic stimulating measures. Although the bank introduced an open ended asset purchase program and upped the inflation target to 2% from 1%, its reluctance to continue with economic stimulating measures until 2014, weighed on the sentiment. The Nikkei Index fell 0.35% while China’s SSE ended 0.56% lower. In Germany, The ZEW indicator, a gauge on economic sentiment, rose to 31.5 in January from 6.9 in December, beating economists’ expectation for a reading of 12.00. Markets, however, traded  mainly lower with Stoxx 600 losing 0.13%, FTSE 100 almost flat while Germany’s DAX falling 0.77%, at last check.
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2016 the year you get RICH!

Latest Headlines

Valeant files annual report, says in compliance with covenantsValeant files annual report, says in compliance with covenants
(Reuters) - Beleaguered Canadian drugmaker Valeant Pharmaceuticals International Inc filed its annual report on Friday, which will help it stave of a default on its $30 billion debt. The company sai...
BoE likely to keep rates unchanged until early 2017 - Reuters PollBoE likely to keep rates unchanged until early 2017 - Reuters Poll
LONDON (Reuters) - Britain`s key interest rate is likely to stay at a record low of 0.5 percent until at least January as the Bank of England waits for growth and inflation to pick up, a Reuters poll ...
Insight - How Barclays turned a $10 billion profit into a tax lossInsight - How Barclays turned a $10 billion profit into a tax loss
LONDON (Reuters) - When Barclays Plc sold a fund management business to U.S. financial group Blackrock Inc. in 2009, the larger-than-expected $15.2 billion (£10.4 billion) price tag was not the only g...
U.S. funds cut equity allocations to lowest since financial crisis: Reuters pollU.S. funds cut equity allocations to lowest since financial crisis: Reuters poll
(Reuters) - U.S. funds recommended a cut to equity allocations in April to their lowest since the financial crisis, and an increase to alternative investments to the highest since that time as well, a...
Brexit could cost each Briton 45,000 pounds in lost wealth - JPMorganBrexit could cost each Briton 45,000 pounds in lost wealth - JPMorgan
LONDON (Reuters) - A vote to leave the European Union in a June 23 referendum could cost each Briton around 45,000 pounds, or around half the value of the United Kingdom`s housing stock, JPMorgan Chas...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.

{localized={en_US=Terry}, preferredLocale={country=US, language=en}} {localized={en_US=Scott}, preferredLocale={country=US, language=en}}

Terry Scott
CEO of StockMarketWatch

View Profile


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.

Be a Better
Trader, Today
arrow
PreMarket PRO Our New Streaming Realtime Pre-Market Product -- Click Here to Learn More