Daily Market Wrap: June 14, 2012 Thursday, June 14, 4:19 PM ET
The markets made some modest gains today, as investors are hoping that the Federal Reserve will take measures next week to boost growth.
There are more signs of weakness in the labor market today, as the number of Americans filing jobless claims rose 6000 last week, to a seasonally adjusted 386,000, according to the Labor Department.
Also from the Labor Department today, consumer prices fell 0.3 percent in May, led by the biggest fall in gas prices in 3 years.
Software manufacturer Quest (QSFT) announced a proposal from a potential bidder worth about $2.15 billion. Shares of Quest are rallying on the news today.
Also on the M&A front, Sunoco(
SUN) is reportedly one step closer to selling its Philadelphia refinery to Carlyle Group (NASDAQ: CG).
Struggling cell phone maker Nokia (NYSE:
NOK) announced plans to cut another 10,000 jobs, and the company also cut its earnings forecast, sending shares sharply lower today.
Tomorrow, we'll take a look at the consumer sentiment report as well as a wrap up of all the top stories of the week.
For Marketnewsvideo.com, I'm Sayoko Murase.
Analyst Moves: RRC, PCLN, LOW
Related symbols: RRC, PCLN, LOW
Analyst Moves: ABT, ACN, EFX, JCP
Related symbols: ABT, ACN, EFX, JCP, AQ
Analyst Moves: AMAT, ARUN, DE
Related symbols: AMAT, ARUN, DE, GS
Monday Sector Leaders: Metals & Mining, Precious Metals
Related symbols: JRCC, DNN, PAL, REE
Monday Sector Laggards: Consumer Services, Agriculture & Farm Products
Related symbols: TISI, CLCT, SANW, CRESY
Friday Sector Leaders: Education & Training Services, Auto Parts
Related symbols: COCO, CECO, XIDE, AXL
Monday's ETF with Unusual Volume: DTN
Related symbols: DTN, MSFT, INTC, NEM, MRK
Monday's ETF Movers: PBW, IFNA
Related symbols: JASO, HSOL, UHT, FCH, IFNA, PBW
GDX, SBM: Big ETF Outflows
Related symbols: GDX, SBM, GG, ABX
Daily Dividend Report: UMPQ, SJT, CRT, AVIV, SPAN
Related symbols: UMPQ, SJT, CRT, AVIV, SPAN
Daily Dividend Report: HAL, NOV, ESV, WLK, CSC
Related symbols: HAL, NOV, ESV, WLK, CSC
Daily Dividend Report: AET, DV, RWT, BGS, WMB
Related symbols: AET, DV, RWT, BGS, WMB
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: June 14, 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.