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.
Wednesday Sector Leaders: Apparel Stores, Railroads
Related symbols: GMAN, AEO, CP, CNI
Wednesday Sector Laggards: Transportation Services, Education & Training Services
Related symbols: HTZ, GLOG, EDMC, CHGG
Tuesday Sector Leaders: Real Estate, Home Furnishings & Improvement Stocks
Related symbols: HGSH, CHLN, AMWD, HD
Wednesday's ETF with Unusual Volume: COPX
Related symbols: COPX, FCX, LUN.CA, FM.CA, III.CA
Wednesday's ETF Movers: XLI, IJT
Related symbols: CMI, JEC, LZB, TASR, IJT, XLI
EZU, XOP: Big ETF Outflows
Related symbols: EZU, XOP, MT, RYAAY, GPRE, EOX
Daily Dividend Report: FLS, VAL, JOY, IGT, SIX, VLY
Related symbols: FLS, VAL, JOY, IGT, SIX, VLY
Daily Dividend Report: CHFC, HQH, CTL, WHR, ESV, EPR, NUS
Related symbols: CHFC, HQH, CTL, WHR, ESV, EPR, NUS
Daily Dividend Report: MGEE, DGAS, GPS, GPC, DGX, CINF, FL
Related symbols: MGEE, DGAS, GPS, GPC, DGX, CINF, FL
Weekly Market Wrap: August 15, 2014
Related symbols: JCP, BAC, SIRI, AAPL, MMM, NKE, EFX, UNH, PRU
Weekly Market Wrap: August 8, 2014
Related symbols: ZNGA, SIRI, S, BAC, AAPL, GD, ADM, TWX, WAG, MON, AIG
Weekly Market Wrap: August 1, 2014
Related symbols: BAC, SIRI, AAPL, FB, AMP, LUV, CVX, COF
Week Ahead Market Report: August 18, 2014
Related symbols: AMD, DG, AAPL, DKS, HD, AEO, HP, GPS, DLTR, FL
Week Ahead Market Report: August 11, 2014
Related symbols: KMI, AAPL, BAC, FST, URS, CSCO, AAP, JCP, EL
Week Ahead Market Report: August 4, 2014
Related symbols: BAC, AAPL, CVC, CVS, DNB, NP, EAT, CBS, SSP
All videos » |
Stock market definitions »
Daily Market Wrap: April 11, 2012
| Market News Video | Copyright © 2008 - 2014, 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.