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: Cigarettes & Tobacco, Restaurants & Eateries
Related symbols: RAI, XXII, CHUY, LOCO
Tuesday Sector Leaders: Metals & Mining, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: CNXC, ARLP, ATI, AKS
Monday Sector Laggards: Oil & Gas Exploration & Production, Precious Metals
Related symbols: AREX, CRC, GSS, THM
Tuesday's ETF with Unusual Volume: DLN
Related symbols: DLN, BAC, GILD, TXN
Tuesday's ETF Movers: XME, BBH
Related symbols: ATI, CLF, GILD, IONS, BBH, XME
DUST, FUT: Big ETF Outflows
Related symbols: DUST, FUT
Daily Dividend Report: IBM, GILD, COST, AEP, EXC, ETN, FIS
Related symbols: IBM, GILD, COST, AEP, EXC, ETN, FIS
Daily Dividend Report: AMGN, NLSN, MAC, CF, EE, WWD
Related symbols: AMGN, NLSN, MAC, CF, EE, WWD
Daily Dividend Report: SWK, ZION, TCP, V, TXN
Related symbols: SWK, ZION, TCP, V, TXN
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 - 2016, 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.