MARKET PULSE-Boeing, Amazon, Chesapeake, RIM, Dolby, Kinder Morgan
Jan 30 (Reuters) - Some U.S. stocks on the move on Wednesday:
Wall St edges higher, Amazon offsets GDP
U.S. stocks were flat as an unexpectedly weak read on fourth-quarter economic activity was offset by strong results at Boeing and Amazon.com. The Dow Jones industrial average was up 5.50 points, or 0.04 percent, at 13,959.92. The Standard & Poor's 500 Index was up 1.09 points, or 0.07 percent, at 1,508.93. The Nasdaq Composite Index was up 5.73 points, or 0.18 percent, at 3,159.39.
** BOEING CO, $74.25, up 0.8 pct (0935 ET)
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...