Daily Market Wrap: April 19, 2012 Thursday, April 19, 5:39 PM ET
It was another down day for the markets as investors took in some lackluster economic data from the jobs and housing sector.
The Labor Department is reporting that initial jobless claims fell 2000 last week, to a seasonally adjusted 386,000.
Economists were expecting a bigger drop in claims, to 370,000.
Meanwhile, existing home sales in the US fell 2.6 percent in March to an annual rate of 4.48 million, according to the National Association of Realtors.
On the earnings front, Verizon (NYSE:
VZ) topped expectations with its earnings report, as did DuPont (NYSE: DD) and Travelers (NYSE: TRV).
Among the big banks reporting earnings results, were Morgan Stanley (NYSE:
MS) and Bank of America (NYSE: BAC). Both banks managed to beat analyst expectations, despite a drop in profits.
Tomorrow, we'll get a look at earnings results from GE (NYSE:
GE) and McDonalds (NYSE: MCD).
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Laggards: Drugs, Biotechnology Stocks
Related symbols: RPRX, BPMC, EXEL, BLUE
Wednesday Sector Leaders: Music & Electronics Stores, Precious Metals
Related symbols: CONN, RCII, VGZ, AUMN
Tuesday Sector Laggards: Railroads, Precious Metals
Related symbols: KSU, GWR, FSM, HL
Wednesday's ETF with Unusual Volume: EEMS
Related symbols: EEMS, MOMO, SINA, JKS, BITA
Wednesday's ETF Movers: GDXJ, XBI
Related symbols: AKG.CA, BTG, EXEL, BLUE, XBI, GDXJ
SQQQ, PUI: Big ETF Outflows
Related symbols: SQQQ, PUI, PCG, DUK
Daily Dividend Report: MA, ZTS, PM, DHR, RCL, SPLS, VMI
Related symbols: MA, ZTS, PM, DHR, RCL, SPLS, VMI
Daily Dividend Report: THG, AWH, PNR, NDSN, BKE, NX
Related symbols: THG, AWH, PNR, NDSN, BKE, NX
Daily Dividend Report: JCI, AET, MON, CPT, RHP, EGP
Related symbols: JCI, AET, MON, CPT, RHP, EGP
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 19, 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.