Daily Market Wrap: April 17, 2012 Tuesday, April 17, 4:28 PM ET
Stronger than expected earnings reports helped the markets add to their gains today, as investors shrugged off disappointing data from the housing sector.
The Commerce Department is reporting an unexpected drop in housing starts, down 5.7 percent to a seasonally adjusted 654,000 units last month.
Meanwhile, there are signs that factory orders could be slowing down, as data from the Federal Reserve showed that U.S. industrial production was little changed for the second straight month.
On the earnings front, Coca Cola (NYSE:
KO) beat expectations on both earnings and revenue, as the Atlanta-based company reported global growth, particularly in emerging markets.
Also among Dow components Johnson and Johnson (NYSE:
JNJ) posted a 12.5 percent increase in first quarter profit, as the company spent less on sales, research and administration.
Tomorrow, we'll take a look at the numbers for weekly mortgage applications as well as earnings results from Blackrock (NYSE:
BLK) and Ebay (NASDAQ: EBAY).
For Marketnewsvideo.com, I'm Sayoko Murase.
Tuesday Sector Laggards: Agriculture & Farm Products, Precious Metals
Related symbols: AGRO, CRESY, IAG, NSU
Tuesday Sector Leaders: Advertising, Specialty Retail Stocks
Related symbols: CCO, GRPN, OSTK, BNED
Monday Sector Laggards: Trucking, Department Stores
Related symbols: CVTI, YRCW, SHLD, JWN
Tuesday's ETF with Unusual Volume: ILF
Related symbols: ILF, VALE, PBR, CIB, ERJ
Tuesday's ETF Movers: IHF, GXC
Related symbols: UNH, TDOC, BGNE, BZUN, GXC, IHF
XLU, JPNL: Big ETF Outflows
Related symbols: XLU, JPNL, NEE, DUK
Daily Dividend Report: CTAS, CIT, LLY, MS, SO, LLL
Related symbols: CTAS, CIT, LLY, MS, SO, LLL
Daily Dividend Report: FTS, VMC, WHR, LNT, NNN, SON
Related symbols: FTS, VMC, WHR, LNT, NNN, SON
Daily Dividend Report: D, AEE, NEE, EPD, AON, F
Related symbols: D, AEE, NEE, EPD, AON, F
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 17, 2012
| Market News Video | Copyright © 2008 - 2017, 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.