The markets were mixed today as news from Caterpillar weighed on the Dow 30 which was lower by 69. The S&P 500 was lower by 5, while the Nasdaq 100 added 3 on the day. Tomorrow traders will get a look at unemployment claims along with natural gas storage due out later in the morning.

Urban Outfitters (URBN  ) shares suffered a 2.60% decline today after the hipster retailer announced earnings that missed analysts' estimates for the holiday period. In addition the company disappointed with annual profit that fell for the third year in a row. Revenue was the only bright spot which was in line with forecasts. Analysts noted that this was due to sales increasing 2% from a year ago. Shares moved to new lows today but were able to close off the lows of the session.

Caterpillar (CAT  ) weighed on the Dow 30 today as the New York Times reported that a "new report commissioned by the federal government accuses Caterpillar of carrying out tax and accounting fraud to boost its stock price." The report detailed a shady accounting strategy responsible for bringing home billions of dollars of offshore money while avoiding federal income taxes on those earnings, according to the Times. No official charges have been filed against Caterpillar, but investors chose to take some risk off the table and the stock was lower by 2.81%.

H&R Block (HRB  ) had a great day today adding 14.90%. The tax preparation company announced earnings that were better than expected. The one negative was that revenue fell nearly 5% from a year ago and the company did comment that the tax season got off to a slower start than usual, but investors chose to overlook that pushing shares to their highest level of the year.