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.
Tuesday Sector Leaders: Electric Utilities, Oil & Gas Exploration & Production Stocks
Related symbols: ED, PPL, FXEN, MPO
Tuesday Sector Laggards: Biotechnology, Drugs
Related symbols: TTHI, TKMR, QURE, FLML
Monday Sector Leaders: Precious Metals, Oil & Gas Exploration & Production Stocks
Related symbols: FSM, BAA, GDP, ZN
Tuesday's ETF with Unusual Volume: REZ
Related symbols: REZ, HCP, EQR, AVIV, DOC
Tuesday's ETF Movers: FCG, GDXJ
Related symbols: SFY, XCO, GSS, SBB.CA, GDXJ, FCG
SPY, FMK: Big ETF Outflows
Related symbols: SPY, FMK, AAPL, XOM, INTC, XOM
Daily Dividend Report: CPG, WHR, VET, SE, NNN
Related symbols: CPG, WHR, VET, SE, NNN
Daily Dividend Report: AON, SJM, UNM, CMS
Related symbols: AON, SJM, UNM, CMS
Daily Dividend Report: WY, FAST, RRD, ADX, PGH
Related symbols: WY, FAST, RRD, ADX, PGH
Weekly Market Wrap: April 11, 2014
Related symbols: WY, F, LEN
Weekly Market Wrap: April 4, 2014
Related symbols: TJX, PNC, IR, LINE, LNCO
Weekly Market Wrap: March 28, 2014
Related symbols: NDAQ, FCX, AXP, LOW
Week Ahead Market Report: April 14, 2014
Related symbols: SCHW, KO, BAC, GS
Week Ahead Market Report: April 7, 2014
Related symbols: AA, BBBY, STZ, RAD, FAST
Week Ahead Market Report: March 31, 2014
Related symbols: APOL, MON, MU, KMX
All videos » |
Stock market definitions »
Daily Market Wrap: April 19, 2012
| Market News Video | Copyright © 2008 - 2014, 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.