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Weekly Unemployment Claims Fall to 330,000

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Description
FBN’s Stuart Varney breaks down the stories moving the markets early in the trading day.
Duration 0:57
Date Jan 24, 2013

This transcript is automatically generated

Numbers out this morning and that may have helped the market.

New claims for unemployment benefits down last week 330000.

Lowest level since January of 08.

Now on the housing front the -- -- Freddie Mac mortgage rates rose to 3.4.

2%.

Not exactly -- -- -- mortgage right now is it Dow Industrials up 73 points.

Apple made a -- thirteen point eight billion dollars profit of thirteen weeks that's bad news Apple's earnings fell flat.

Revenue weakened and as expected will be watching apple that in the stock is now down nearly 10% -- fifty bucks.

Analysts were predicting a loss the net -- they were totally wrong -- reported an eight million dollar profit it added.

A couple of million subscribers in America and the stock is going to the moon 37%.

-- 140 -- Back in a moment we've gone upheavals and.