Mid-Morning Market Update: Verizon Misses Big on Earnings, Research in Motion Skyrockets
January 22, 2013 at 10:45 AM EST
Following the market opening Tuesday, the Dow traded down 0.13 percent to 13,632.00 while the NASDAQ fell 0.30 percent to 3,125.21. The S&P rose however, increasing 0.11 percent to 1,482.50. Top Headline Verizon Communications (NYSE: VZ ) posted earnings this morning, largely missing analyst EPS estimates while slightly missing on revenue.