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.
Friday Sector Laggards: Biotechnology, Precious Metals
Related symbols: GTXI, TLRY, TAHO, GSV
Friday Sector Leaders: Defense, Airlines
Related symbols: HII, KTOS, GOL, ZNH
Thursday Sector Laggards: General Contractors & Builders, Defense Stocks
Related symbols: SKY, WLH, NOC, KTOS
Friday's ETF with Unusual Volume: XLC
Related symbols: XLC, T, FB, TWTR
Friday's ETF Movers: ILF, GDXJ
Related symbols: CIG, VALE, CNL.CA, TAHO, GDXJ, ILF
Thursday's ETF with Unusual Volume: XLC
Related symbols: XLC, T, FB, VIAB, TRIP
Daily Dividend Report: MCD, TXN, CSCO, HPE, UDR
Related symbols: MCD, TXN, CSCO, HPE, UDR
Daily Dividend Report: CPLG, A, DRI, WPC, WWD
Related symbols: CPLG, A, DRI, WPC, WWD
Daily Dividend Report: MSFT, TGT, AVB, CLX, FITB
Related symbols: MSFT, TGT, AVB, CLX, FITB
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Daily Market Wrap: April 11, 2012
| Market News Video | Copyright © 2008 - 2018, 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.