MARKET PULSE-Boeing, Amazon, Chesapeake, RIM, Dolby, Kinder Morgan
Jan 30 (Reuters) - Some U.S. stocks to watch on Wednesday:
FUTURES POINT TO LOWER OPEN AFTER WEAK GDP READ
U.S. stock index futures pointed to a slightly weaker open on Wednesday following an unexpected contraction in fourth-quarter economic activity. S&P 500 futures fell 0.22 percent and were about even with fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 0.09 percent and Nasdaq 100 futures fell 0.14 percent.
** BOEING CO, Tuesday close $73.65, up 1.3 pct premarket
The Chicago-based aerospace and defense giant posted a stronger-than-expected profit on Wednesday as its backlog of orders rose, and said its 2013 forecast "assumes no significant financial impact" from the grounding of its 787 Dreamliner jet by regulators. Continued...