Brands Rise

Tuesday’s session ended in positive territory. Travelers, UnitedHealth, DuPont and Alcoa led the Dow’s ascent. Brands posted gains amid a variety of economic news. Sales of existing homes decreased slightly in December. The National Association of Realtors said sales fell to an annualized pace of 4.94 million last month, from a downwardly revised 4.99 million in November. Economists had expected a sales rate of 5.1 million units in December. On another note, Travelers reported quarterly data. Earnings hit $304 million, or 78 cents a share, down from $618 million, or $1.51, in the same period, a year ago. Elsewhere, crude oil futures added 62 cents to settle at $96.18 a barrel.

Disclosures:
All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are intended for general information purposes only. Information provided should not be the sole basis in making any decisions and is not intended to replace the advice of a qualified professional, such as a tax consultant, insurance adviser or attorney. Although this material is designed to provide accurate and authoritative information with respect to the subject matter, it may not apply in all situations. Readers are urged to consult with their adviser concerning specific situations and questions. This is not to be construed as an offer to buy or sell any financial instruments. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future profitability or expectations. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing.