Market Wrap: Bernanke Firm on Outlook; U.S. Consumer Back to Borrowing; Disney Reports Mixed Results

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Dividend Yield: 1.3%
EPS Growth %: +18.4%

Market wrap-up for February 7th

End of the Day: Dow Jones up 33.1 to $12,878.20; Nasdaq up 2.1 to 2,904.08; S&P 500 up 2.7 to 1,347.05

The following is a brief summary of events moving markets today:

It's a small world after all!: Disney (NYSE: DIS) reported first-quarter revs of $10.779 billion and earnings of 80 cents per share, mixed to expectations calling for revs of $11.18 billion and EPS of 72 cents.

Winning in the quarter was Disney's Parks and Resorts segment which showed a 10 percent increase to $3.155 billion, while sales to the Interactive Media unit totaled $279 million, a 20 percent year-over-year decline.

For more color, click here.
'Quick Draw" Bernanke at it again: "Submarine" Ben Bernanke, Grand Poobah of the Fed, said there was a modest increase in the long-run sustainable average unemployment rate and, ahem!, policymakers should take notice. Bernanke stuck to his guns in making the U.S. fiscal policy a top priority among lawmakers.

He even said interest rates could soar quickly if investors lose confidence in government's ability to manage its fiscal policy. Comments were made in front of the Senate Budget Committee Tuesday. For more on the testimony, click here.
More debt? Yes, please!: Consumer credit in the U.S. rose by $19.3 billion in December according to new data from the Fed. Now at about $2.5 trillion, the number advanced from a $20.4 billion gain in November. The increase in consumer might signal further increase in an expanding economy.

Or, people might just need to borrow in order to survive because there are limited jobs. Either way, the end result is the same.
T-minus 42 days and counting: Greece delayed meetings with creditors in an effort to construct as second aid package, reports said Tuesday. Greek Prime Minister Lucas Papademos will meet with the troika -- the European Commission, European Central Bank, and International Monetary Fund -- to seal up a proposed €130 billion package.

The next scheduled bond payment is March 20th for Greece, which is currently set at €14.5 billion.
It's something: MasterCard (NYSE: MA) doubled its quarterly dividend to 30 cents per share, yielding about 0.3 percent.