Daily Market Wrap: April 4, 2012 Wednesday, April 4, 4:20 PM ET
The markets opened sharply lower today, and continued to add to their losses, despite a jobs report from the ADP that was better than expected.
209,000 jobs were added in the private sector in March, according to the ADP National Employment Report.
Although that number exceeded economists expectations of 200,000, it does indicate a slowdown from the prior month.
Also on the economic front, the Mortgage Bankers Association is reporting an increase in weekly mortgage applications,
which comes after seven weeks of declines.
In earnings news, Monsanto (NYSE:
MON) posted earnings which beat expectations, due in part to global demand for corn and strong sales in the U.S.
YHOO) announced today it will cut 2000 jobs, which is about 14 percent of its workforce. The company said it expects about $375 million in annualized savings from the job cuts.
Tomorrow, we'll take a look at the numbers for jobless claims, chain store sales, as well as earnings from CarMax (NYSE:
For Marketnewsvideo.com, I'm Sayoko Murase.
Friday Sector Laggards: Music & Electronics Stores, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: GME, CONN, SXC, RELY
Friday Sector Leaders: Hospital & Medical Practitioners, Entertainment Stocks
Related symbols: CYH, QHC, EROS, LGF.A
Thursday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: PPP, ASM, ATUSF, VALE
Friday's ETF with Unusual Volume: FTXO
Related symbols: FTXO, BAC, WFC, FITB
Friday's ETF Movers: ILF, REM
Related symbols: CIG, LFL, CHMI, NYMT, REM, ILF
XLF, BOIL: Big ETF Outflows
Related symbols: XLF, BOIL, BRK.B, JPM
Daily Dividend Report: UDR, HPE, MAA, MAS, LW
Related symbols: UDR, HPE, MAA, MAS, LW
Daily Dividend Report: INTC, ACN, CPB, SLG, DRI, FCH
Related symbols: INTC, ACN, CPB, SLG, DRI, FCH
Daily Dividend Report: SLW, NI, TTC, VSM, CMC, SCHL, RESI, CIO
Related symbols: SLW, NI, TTC, VSM, CMC, SCHL, RESI, CIO
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 4, 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.