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Daily Market Wrap: April 12, 2012
Thursday, April 12, 4:52 PM ET

The markets managed to add to yesterday's gains, despite a disappointing jobless claims report.

More people filed for unemployment benefits last week, as claims rose 13,000 to a seasonally adjusted 380,000 according to the Labor Department.

This comes after a steady decline since last fall. Economists had expected a drop to 355,000.

Also according to the Labor Department, producer prices held steady in March, while economists had expected a increase of 0.3 percent.

Meanwhile, the Commerce Department reported that the trade deficit narrowed in February, unexpectedly to $46 billion from $52.5 billion in January.

Shares of Hewlett-Packard (NYSE:HPQ) got a boost today, after news that the company's PC shipments in the U.S gained in the first quarter, outpacing competitors, including Apple (NASDAQ:AAPL).

Tomorrow, we'll get earnings results from JP Morgan (NYSE:JPM) and Wells Fargo (NYSE:WFC) and we'll also take a look at the consumer sentiment report.

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Market Wrap: April 12, 2012 picture
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Thursday Sector Laggards: Music & Electronics Stores, General Contractors & BuildersThursday Sector Laggards: Music & Electronics Stores, General Contractors & Builders
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Wednesday Sector Leaders: Agriculture & Farm Products, Music & Electronics StoresWednesday Sector Leaders: Agriculture & Farm Products, Music & Electronics Stores
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Thursday's ETF with Unusual Volume: MTUMThursday's ETF with Unusual Volume: MTUM
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Thursday's ETF Movers: BSCF, XBIThursday's ETF Movers: BSCF, XBI
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VGK, GULF: Big ETF OutflowsVGK, GULF: Big ETF Outflows
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Daily Dividend Report: SU, MRO, MPC, XOM, CVX, COF, MCK, ABX, AUY, CADaily Dividend Report: SU, MRO, MPC, XOM, CVX, COF, MCK, ABX, AUY, CA
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Daily Dividend Report: WLP, AFL, AMP, LUV, STJ, GWW, KIM, CNX, LUK, CHD, AWK, GCI, ENBDaily Dividend Report: WLP, AFL, AMP, LUV, STJ, GWW, KIM, CNX, LUK, CHD, AWK, GCI, ENB
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Daily Dividend Report: IBM, EXC, WYNN, ENR, CLF, VLO, CR, DKDaily Dividend Report: IBM, EXC, WYNN, ENR, CLF, VLO, CR, DK
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Daily Market Wrap: April 12, 2012 | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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