Daily Market Wrap: October 11, 2012 Thursday, October 11, 4:07 PM ET
A hopeful sign for the job market gave stocks a boost this morning but by the afternoon, the markets were trading flat.
The number of Americans filing first time unemployment benefits fell 30,000 to a seasonally adjusted 339,000, according to the Labor Department.
That number marks the lowest level in four and half years and is far better than economists expected.
Also on the economic front, the Commerce Department said the U.S. trade deficit rose to $44.2 billion in August.
Sprint rallied today as the company confirmed reports that Japan's Softbank could buy a majority stake in the wireless carrier.
Sprint has been struggling to keep up with rivals Verizon(NYSE:
VZ) and AT&T (NYSE: T).
Shares of Apple (NASDAQ:
AAPL) are trading lower today after a US appeals court overturned a preliminary injunction on the sale of Samsung's Galaxy Nexus smartphone.
Tomorrow, we'll take a look at the consumer sentiment report, as well as earnings from JPMorgan (NYSE:
JPM) and Wells Fargo (NYSE: WFC).
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Leaders: Sporting Goods & Activities, Music & Electronics Stores
Related symbols: SIX, FUN, VOXX, HGG
Wednesday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks
Related symbols: CDE, AAU, FST, GDP
Tuesday Sector Laggards: Metals & Mining, Education & Training Services
Related symbols: RNO, SCOK, ESI, EDMC
FXZ, GASL: Big ETF Inflows
Related symbols: FXZ, GASL, RKT, UFS, APC, APA
FXO, FXR: Big ETF Outflows
Related symbols: FXO, FXR, MFA, AWH, ALK, UAL
Wednesday's ETF with Unusual Volume: PWB
Related symbols: PWB, FB, MU, MDLZ, BIIB
Daily Dividend Report: SPG, MCK, BBT, TROW, STJ, TXT, CNP, BC
Related symbols: SPG, MCK, BBT, TROW, STJ, TXT, CNP, BC
Daily Dividend Report: AAPL, ABBV, AEP, WPZ, LLY, SO, NSC, EXC, ETN, NBL, WHR, CCE, LLL, HLS
Related symbols: AAPL, ABBV, AEP, WPZ, LLY, SO, NSC, EXC, ETN, NBL, WHR, CCE, LLL, HLS
Daily Dividend Report: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEE
Related symbols: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEE
Weekly Market Wrap: October 17, 2014
Related symbols: AMD, BAC, AAPL, GE, JNJ, PAYX, CCL, SWK
Weekly Market Wrap: October 10, 2014
Related symbols: BAC, MU, INTC, GTAT, CAT, WAG, F, KRFT, ALG
Weekly Market Wrap: October 3, 2014
Related symbols: COP, GLW, PSX, MUR, IR, BAC, AAPL, MDT
Week Ahead Market Report: October 20, 2014
Related symbols: BAC, AAPL, PFE, AOS, KMB, ABT, DOW, GM, MMM, AAL, DPS, LLY, LO, B, CL, PG, UPS
About The Week Ahead Market Report
Week Ahead Market Report: October 13, 2014
Related symbols: BAC, CSX, AAPL, FB, SIRI, C, JPM, INTC, AXP, EBAY, NFLX, AMD, BHI, COF, BK, GE, MS
All videos » |
Stock market definitions »
Daily Market Wrap: October 11, 2012
| Market News Video | Copyright © 2008 - 2014, 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.