Daily Market Wrap: UPS, FDX, SBUX, TIF, ORCL Monday, March 19, 4:52 PM ET
After a flat open, the markets managed to make some impressive gains, continuing last week's rally.
The Nasdaq got a boost from Apple (AAPL), after the company announced plans for a quarterly dividend and also said it would buy back $10 billion of its own shares over 3 years.
In economic news, the National Association of Home Builders is reporting that the homebuilder sentiment index remained at 28 in March, falling short of economists expectations of a reading of 30.
UPS) shares are trading higher today after the company announced plans to acquire shipper TNT for $6.9 billion.
Meanwhile, shares of rival Fedex (NYSE:
FDX) are also trading higher today after Citigroup raised its price target from $95 to $110.
Starbucks is trying something new, by opening up its first retail store called Evolution Fresh, a juice bar chain.
The company is hoping to get into world of health food and the wellness sector.
Tomorrow, we'll get a look at housing starts, as well as earnings from Tiffany (NYSE:
TIF) and Oracle (NYSE: ORCL).
For Marketnewsvideo.com, I'm Sayoko Murase.
Monday Sector Leaders: Auto Parts, Beverages & Wineries
Related symbols: UQM, BLDP, ROX, SODA
Monday Sector Laggards: General Contractors & Builders, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: HXM, TMHC, WRN, SID
Friday Sector Leaders: Defense, Auto Dealerships
Related symbols: ARTX, ATK, PRTS, PAG
Monday's ETF Movers: XLV, GXC
Related symbols: ALXN, AMGN, DANG, PWRD, GXC, XLV
Monday's ETF with Unusual Volume: FEM
Related symbols: FEM, HIMX, YOKU
SHY, FXB: Big ETF Outflows
Related symbols: SHY, FXB
Daily Dividend Report: VZ, PBA, GNTX, MFA
Related symbols: VZ, PBA, GNTX, MFA
Daily Dividend Report: HRC, TCO, AMT, CVS
Related symbols: HRC, TCO, AMT, CVS
Daily Dividend Report: NMFC, MITT, AE
Related symbols: NMFC, MITT, AE
Weekly Market Wrap: March 7, 2014
Related symbols: GD, TCO, HRC
Weekly Market Wrap: February 28, 2014
Related symbols: M, TOL, TGT
Weekly Market Wrap: February 21, 2014
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Week Ahead Market Report: March 10, 2014
Related symbols: AEO, GMO, DG, ANN
Week Ahead Market Report: March 3, 2014
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Dow Movers: JPM, WMT
Related symbols: JPM, WMT
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Daily Market Wrap: UPS, FDX, SBUX, TIF, ORCL
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