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.
Analyst Moves: CRM, CRUS, MRVL
Related symbols: CRM, CRUS, MRVL
Analyst Moves: PHM, PG, GPS
Related symbols: PHM, PG, GPS, UBS
Analyst Moves: P, WSM, WFT
Related symbols: P, WSM, WFT, CS, UBS
Friday Sector Leaders: Education & Training Services, Metals & Mining Stocks
Related symbols: COCO, CECO, LSG, UEC
Friday Sector Laggards: Auto Parts, Music & Electronics Stores
Related symbols: XIDE, GME, CONN
Thursday Sector Leaders: Apparel Stores, General Contractors & Builders
Related symbols: RUE, PSUN, CVCO, CHCI
Friday's ETF with Unusual Volume: KIE
Related symbols: KIE, AIG, GNW, FNF, AGO
Friday's ETF Movers: ICLN, LIT
Related symbols: YGE, SZYM, XIDE, ULBI, LIT, ICLN
SLV, CHIM: Big ETF Outflows
Related symbols: SLV, CHIM
Daily Dividend Report: ANF, FLS, IPG, A, VNR
Related symbols: ANF, FLS, IPG, A, VNR
Daily Dividend Report: TUP, HD, PCP, CBS, CME
Related symbols: TUP, HD, PCP, CBS, CME
Daily Dividend Report: TMO, AAP, HAS, AINV, HPQ
Related symbols: TMO, AAP, HAS, AINV, HPQ
Weekly Market Wrap: May 24, 2013
Related symbols: LOW, BBY, TGT, HD
Weekly Market Wrap: May 17, 2013
Related symbols: WMT, DE, M
Weekly Market Wrap: May 10, 2013
Related symbols: WFM, TSLA, DIS, EA
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 5, 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.