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.
Analyst Moves: BA, TOL, SPLS
Related symbols: BA, TOL, SPLS, BAC, UBS
Analyst Moves: STX, HOT, HPQ
Related symbols: STX, HOT, HPQ, DB, BAC, JEF
Analyst Moves: NTAP, MDC, PXD
Related symbols: NTAP, MDC, PXD, UBS, KEY
Thursday Sector Leaders: Apparel Stores, General Contractors & Builders
Related symbols: RUE, PSUN, CVCO, CHCI
Thursday Sector Laggards: Electric Utilities, Agriculture & Farm Products
Related symbols: SRE, BKH, AGRO, SANW
Wednesday Sector Leaders: Homebuilders, Precious Metals
Related symbols: TOL, HOV, MUX, GPL
Thursday's ETF with Unusual Volume: IGV
Related symbols: IGV, MSFT, ZNGA, FDS, SYMC
Thursday's ETF Movers: GGGG, NUCL
Related symbols: CG.CA, SBGL, D, FE, NUCL, GGGG
EWZ, GGGG: Big ETF Outflows
Related symbols: EWZ, GGGG, AU, ARZ.CA
Daily Dividend Report: TMO, AAP, HAS, AINV, HPQ
Related symbols: TMO, AAP, HAS, AINV, HPQ
Daily Dividend Report: MCD, JCI, CTL, GPS, AVB
Related symbols: MCD, JCI, CTL, GPS, AVB
Daily Dividend Report: NTAP, ADI, BBY, TAP, CHSP
Related symbols: NTAP, ADI, BBY, TAP, CHSP
Weekly Market Wrap: May 17, 2013
Related symbols: WMT, DE, M
Weekly Market Wrap: May 10, 2013
Related symbols: WFM, TSLA, DIS, EA
Weekly Market Wrap: May 3, 2013
Related symbols: PFE, VLO, MA, MGM
Week Ahead Market Report: May 13, 2013
Related symbols: A, CSCO, AMAT, ADSK
Week Ahead Market Report: May 6, 2013
Related symbols: BRK.B, ARCC, DTV, NWSA, PCLN, PSA, SLW
Week Ahead Market Report: April 29, 2013
Related symbols: OSK, TRLA, MRK, ANR, SE
All videos » |
Stock market definitions »
Daily Market Wrap: April 19, 2012
| Market News Video | Copyright © 2008 - 2013, 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.