Daily Market Wrap: April 5, 2012 Thursday, April 5, 4:23 PM ET
After two days of declines, the markets struggled to recover, even as investors took in some positive news from the jobs sector.
The Labor Department is reporting that the number of Americans filing for unemployment benefits fell by 6000 last week, to a seasonally adjusted 357,000. That is the lowest level since April 2008.
Also, the number of planned layoffs at U.S. firms fell in March to the lowest level in 10 months, down 26.8 percent, according to a report from consultants Challenger, Gray and Christmas.
Among earnings, Bed, Bath and Beyond (NASDAQ:
BBBY) posted results which beat expectations, with a 24 percent increase in its fiscal fourth quarter.
Shares of Ruby Tuesday (NYSE:
RT) are down sharply after the the restaurant chain missed expectations by a wide margin.
It was a similar story for Constellation Brands (NYSE:
STZ) after the wine company reported a full-year earnings forecast which fell short of expectations.
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Laggards: Oil & Gas Equipment & Services, Oil & Gas Exploration & Production Stocks
Related symbols: ANW, NE, EXXI, TRCH
Wednesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Apparel Stores
Related symbols: NAK, TGB, URBN, AEO
Tuesday Sector Laggards: Specialty Retail, Apparel Stores
Related symbols: DKS, HIBB, NETS, BKE
Wednesday's ETF with Unusual Volume: VPL
Related symbols: VPL, BHP, SMFG, WOPEY, WF
Wednesday's ETF Movers: XME, OIH
Related symbols: FCX, SCHN, NE, ESV, OIH, XME
JNK, UXI: Big ETF Outflows
Related symbols: JNK, UXI, GE, BA
Daily Dividend Report: KSU, PF, UNH, MMM, MTB, AAN
Related symbols: KSU, PF, UNH, MMM, MTB, AAN
Daily Dividend Report: COH, WHR, AAP, THG, DKS, MLI
Related symbols: COH, WHR, AAP, THG, DKS, MLI
Daily Dividend Report: BMI, AEE, BRKR, OFC, TUP, CUB, KRG
Related symbols: BMI, AEE, BRKR, OFC, TUP, CUB, KRG
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 5, 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.