Stock Market Today – All Sectors Advance but GOOG, GLW CCL NWSA and COP among Laggards

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(Best Syndication News) Markets in the United States opened lower nearly one percent before an announcement from the Federal Reserve turned equities higher (see the stock charts below). Negative European sovereign debt sentiment and a down-day on most exchanges in Europe, helped fuel early losses, but that changed later in the day.

After the closing bell, Netflix, Inc. (NASDAQ:NFLX) announced their last quarter earnings. The share price skyrocketed nearly 16 percent on much better-than-expected news. The company still faces strong competition in the streaming video business from Amazon while Verizon and other internet providers consider entering the business.

Large-Cap Losers

Of the 160 stocks in our large-cap index, only 36 constituents were lower (see large-cap stock chart below). Corning Incorporated (NYSE:GLW) was the big loser, down more than 10 percent during the trading day.

The stock price suffered throughout the trading day after a poor earnings release. In the after-hours, GLW gained ten cents to $13.15. There was a bid of $13.00 on 1,000 shares and an ask of $13.42 on 400 shares.

The share price of Google Inc (NASDAQ:GOOG) fell nearly two percent during the trading day. An anti-trust lawsuit and change in their privacy policy could have triggered a small sell-off.

In the after-hours the share price of GOOG is up 27 cents to $569.49. There was a wide range between the ask and bid price.

All of the S&P sectors did well Wednesday (see the sector chart below). Both GLW and GOOG are constituents of the info-tech sector, which was up 0.98 percent. Big gains were seen in the material sector, up 1.59 percent on the day.

The lingering cruise ship disaster in the Mediterranean didn’t help shares of Carnival Corporation (NYSE:CCL). The stock price fell nearly two percent on heavy volume, up 33 percent above average.

CCL continued to slide in the after-hours, down another ten cents to $31.05.

News Corp (NASDAQ:NWSA) was another large-cap loser. There was news that Beyond Oblivion, a digital music startup backed by News Corp, failed. The hacking scandal was in the news again Wednesday.

The share price of ConocoPhillips (NYSE:COP) was down nearly one percent during the trading day. While profits jumped more than 60 percent last quarter, there are production concerns.

World Markets

Many exchanges in Asia were closed again Wednesday for the Spring Festival and Chinese New Year celebration. Markets in India, Korea and Australia showed some strong to moderate gains (see world market chart below).

In Europe, most stock markets were lower. The DAX (Germany) was higher; however the CAC-40 and the FTSE 100 (England) were lower.

The DJIA, the S&P 500 and NASDAQ indexes were all higher, thanks to a surge in the afternoon.

Markets in Europe are opening higher early Thursday.

By: Dan Wilson

World Market Chart:

Wednesday World Stock Indexes 1 Day 1 Day 1 Week 30-Day 100-Day
1/25/2012 N. & S. AMERICA Pt Change % Change % Change % Change % Change
12,758.85 Dow Jones Industrial 83.10 0.66% 1.43% 7.31% 12.95%
1,326.06 S&P 500 11.41 0.87% 1.38% 9.07% 11.82%
2,818.31 NASDAQ Composite 31.67 1.14% 1.75% 10.91% 11.43%
12,539.21 S&P TSX Canada 143.97 1.16% 1.72% 9.14% -1.14%
62,486.22 Brazil Bovespa Stock 0.00 0.00% 1.24% 10.93% 8.44%
37,212.86 IPC MXX - Mexico 359.56 0.98% -0.78% 3.35% 7.20%
795.58 Russell 2000 Sm-Cap 7.31 0.93% 2.09% 11.11% 14.49%
786.49 Russell 3000 98% Mkt 7.29 0.94% 1.55% 9.61% 11.94%
EUROPE
5,723.00 FTSE 100 England -28.90 -0.50% 0.36% 5.96% 7.16%
3,312.48 CAC 40 France -10.17 -0.31% 1.46% 10.46% 7.34%
6,421.85 DAX Germany 2.63 0.04% 1.06% 12.06% 18.74%
737.26 Athens Greece Comp. 33.82 4.81% 10.03% 11.68% -16.86%
6,073.36 SSMI - Swiss Market -61.74 -1.01% -0.70% 5.00% 9.85%
858.55 SMSI - Madrid Spain -2.67 -0.31% 1.94% 3.98% -2.29%
16,770.89 FTSE Italia All (Italy) -98.97 -0.59% 4.14% 9.27% -0.62%
ASIA & PACIFIC
2,319.74 Shanghai China 0.00 0.00% 2.33% 6.34% -7.16%
8,883.69 Nikkei 225 Japan 98.36 1.12% 3.90% 6.04% 1.03%
20,110.37 Hang Seng Hong Kong 0.00 0.00% 2.15% 11.56% 0.99%
7,233.69 TSEC Taiwan Exchange 0.00 0.00% 0.00% 6.93% -4.17%
4,271.30 S&P ASX 200 Australia 47.10 1.12% 1.01% 3.18% 1.99%
17,077.18 BSE Sensex Bombay 81.41 0.48% 3.80% 7.83% -0.51%
5,158.30 CNX NIFTY NSE India 30.95 0.60% 4.09% 8.68% 0.10%
1,952.23 Korea Com KOSPI 2.34 0.12% 3.16% 7.32% 5.72%
2891.64 STI Straight Times 42.26 1.48% 3.44% 9.73% 1.22%

Large-Cap Chart:


Wednesday BSN LG01 - Large Cap Index One Day Five Day 30-Day 100-Day
1/25/2012 Name % Change % Change % Change % Change
8.65 Telefonaktiebolaget LM... -15.36% -15.03% -10.92% -22.56% 1
13.05 Corning Incorporated -10.74% -9.69% -3.19% -11.47% 2
569.49 Google Inc. -1.99% -10.96% -8.94% 6.95% 3
31.15 Carnival Corporation -1.98% -2.38% -8.19% -2.53% 4
30.64 Carnival plc (ADR) -1.76% -3.44% -11.16% -3.34% 5
18.78 News Corporation -1.57% -4.82% 7.62% 11.72% 6
55.23 Abbott Laboratories -1.34% -0.36% 1.77% 6.33% 7
55.21 Novartis AG (ADR) -1.18% -5.35% 1.51% -5.74% 8
30.2 Wells Fargo & Company -1.11% 0.17% 14.87% 19.70% 9
69.98 ConocoPhillips -0.89% -1.81% -0.71% 2.96% 10
             
             
109.05 Caterpillar Inc. 2.60% 3.12% 16.96% 23.15% 150
74.22 Toyota Motor Corp. (ADR) 2.61% 7.43% 11.63% 4.29% 151
52.1 Emerson Electric Co. 2.88% 4.62% 3.41% 14.25% 152
66.17 Devon Energy Corporation 3.12% 3.15% 3.02% -0.62% 153
76.81 Philip Morris Intl. Inc. 3.59% 4.11% 2.21% 10.84% 154
18.66 Sony Corporation (ADR) 3.96% 8.17% 4.42% -14.25% 155
113.15 Westpac Banking Corp... 4.53% 4.09% 6.31% 2.97% 156
46.08 Freeport-McMoRan Copper... 4.80% 3.85% 19.56% -0.82% 157
60.25 Newmont Mining Corporati... 4.82% 1.09% -7.69% -3.55% 158
446.66 Apple Inc. 6.22% 4.42% 13.99% 17.22% 159
16.3 Research In Motion Ltd... 8.52% -7.23% 0.56% -48.82% 160

Sector Chart:

Wednesday S&P Sector Name (10) One-Day One-Week 30-Day 100-Day 100-Day
1/25/2012 % Change % Change % Change % Change High
544.78 Energy 1.05% 1.97% 6.69% 8.50% 544.78
235.23 Materials 1.59% 1.26% 12.58% 7.73% 235.23
315.99 Industrials 1.19% 1.51% 10.42% 15.18% 315.99
328.47 Consumer Discretionary 0.65% 0.96% 6.35% 12.37% 328.47
335.3 Consumer Staples 1.00% 0.77% 2.97% 5.69% 337.43
416.12 Health Care 0.67% 0.31% 7.99% 8.80% 416.12
191.34 Financials 0.24% 1.89% 11.58% 8.99% 191.34
44
/tdright0.86
Info Tech 0.98% 2.39% 6.25% 13.82% 440.86
126.99 Telecom Svc 0.31% -1.50% 1.79% 3.69% 129.91
178.24 Utilities 1.64% 0.50% 1.99% 4.88% 184.18
Wednesday Dow Sectors (10) One-Day One-Week 30-Day 100-Day 100-Day
1/25/2012 % Change % Change % Change % Change High
3151.94 Basic Materials 1.80% 1.98% 11.94% 4.07% 3151.94
3434.01 Consumer Goods 1.23% 1.07% 4.46% 6.24% 3434.01
3703.32 Consumer Services 0.68% 1.33% 6.16% 11.66% 3703.32
2961.45 Financials 0.38% 1.80% 10.37% 9.32% 2961.45
3509.3 Health Care 0.93% 0.60% 8.90% 9.85% 3509.3
3288.7 Industrials 1.02% 1.59% 10.38% 15.27% 3288.7
5968.11 Oil & Gas 1.22% 2.01% 6.84% 8.49% 5968.11
6718.11 Technology 0.99% 2.68% 6.78% 14.39% 6718.11
1081.96 Telecommunications 0.51% -1.09% 2.98% 2.78% 1096.63
1849.05 Utilities 1.49% 0.46% 2.12% 4.88% 1907.11

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