Closing Bell: Investors Lighten Up Before Earnings (AA, BBVA, MRO, MRK, MU, WAVX, WFMI)

Filed under: Alcoa Inc (AA), Whole Foods Market (WFMI), Merck and Co (MRK), Marathon Oil (MRO)

Thursday saw seasonality make for a weak jobs report, some manufacturing data came in lower than expected and the rate of wholesale inflation looks to be perking up if you include food and energy. A surprise rate hike from South Korea also took the headlines away from the E.U. and U.K. central banks keeping rates unchanged. Even Ben Bernanke being more confident and calling for 3% to 4% GDP growth in 2011 failed to bring new buyers. The DJIA was weaker than most indexes up until the end of the today.



Here are Thursday's unofficial closing bell levels:



Dow Jones 11,731.90 -23.54 (-0.20%)

S&P 500 1,283.76 -2.20 (-0.17%)

Nasdaq 2,735.29 -2.04 (-0.07%)



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Closing Bell: Investors Lighten Up Before Earnings (AA, BBVA, MRO, MRK, MU, WAVX, WFMI) originally appeared on BloggingStocks on Thu, 13 Jan 2011 16:00:00 EST. Please see our terms for use of feeds.

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