Daily Market Wrap: April 11, 2012 Wednesday, April 11, 5:31 PM ET
The markets climbed back into positive territory, after 5 straight days of declines, with Alcoa kicking off earnings season on a positive note.
Investors were also keeping an eye on the Federal Reserve's latest beige-book report, which indicated that the U.S. economy expanded at a moderate rate in recent weeks.
The Mortgage Bankers Association is reporting a 2.4 percent drop in mortgage applications last week, as demand for refinancing declined.
Also on the economic front, a report by the Labor Department showed a 1.3 percent increase in import prices in March.
Earnings season got off to a good start with Alcoa (NYSE:
AA) posting strong earnings which beat expectations and revenue which also topped estimates.
TITN) Machinary posted fourth-quarter earnings and revenue that beat expectations, with a positive outlook for the current year.
Tomorrow, we'll take a look at the numbers for weekly jobless claims, as well as earnings results from Rite Aid (NYSE:
RAD) and Google (NASDAQ: GOOG).
For Marketnewsvideo.com, I'm Sayoko Murase.
Analyst Moves: PXD, KR, HAIN
Related symbols: PXD, KR, HAIN, BAC
New Analyst Coverage: LNKD, Q, TMUS
Related symbols: LNKD, Q, TMUS, MS
Analyst Moves: TEX, WMB, WETF
Related symbols: TEX, WMB, WETF, GS, C
Tuesday Sector Leaders: Agriculture & Farm Products, Entertainment
Related symbols: CERE, AGRO, PRXI, SIX
Tuesday Sector Laggards: Precious Metals, Homebuilders
Related symbols: BAA, XRA, PHM, KBH
Monday Sector Leaders: Vehicle Manufacturers, General Contractors & Builders
Related symbols: KNDI, TM, TMHC, SPF
Tuesday's ETF with Unusual Volume: IWX
Related symbols: IWX, PFE, GE, MRO, NEM
Tuesday's ETF Movers: AXSL, GDXJ
Related symbols: CNCO, CCH, OGC.CA, BAA.CA, GDXJ, AXSL
EWH, UGE: Big ETF Outflows
Related symbols: EWH, UGE, ATVI, MO
Daily Dividend Report: FITB, IVR, AMTG, SUI, USB
Related symbols: FITB, IVR, AMTG, SUI, USB
Daily Dividend Report: SRE, LLY, AMAT, RL, PETM
Related symbols: SRE, LLY, AMAT, RL, PETM
Daily Dividend Report: CHK, SRC, KCAP, ROP, CPT
Related symbols: CHK, SRC, KCAP, ROP, CPT
Weekly Market Wrap: June 14, 2013
Related symbols: MCD, CTB, DOLE, SWY
Weekly Market Wrap: June 7, 2013
Related symbols: TIVO, ZNGA, GM, AAPL
Weekly Market Wrap: May 31, 2013
Related symbols: TIF, SFD, S
Week Ahead Market Report: June 17, 2013
Related symbols: ADBE, LZB, FDX, RSH, ORCL
Week Ahead Market Report: June 10, 2013
Related symbols: LDK, HRB, SFD
Week Ahead Market Report: June 3, 2013
Related symbols: DG, RUE, SJM, FWM
All videos » |
Stock market definitions »
Daily Market Wrap: April 11, 2012
| Market News Video | Copyright © 2008 - 2013, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.