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.
Friday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks
Related symbols: VGZ, GSS, CIE, PES
Friday Sector Leaders: Shipping, Specialty Retail Stocks
Related symbols: GOGL, DSX, MCFT, ULTA
Thursday Sector Laggards: Cigarettes & Tobacco, Transportation Services
Related symbols: AOI, XXII, BRS, NAO
Friday's ETF with Unusual Volume: LIT
Related symbols: LIT, TSLA, JCI, ULBI, LAC.CA
Friday's ETF Movers: XPH, GDXJ
Related symbols: RLYP, XENT, SVM.CA, AR.CA, GDXJ, XPH
EWJ, VSPY: Big ETF Outflows
Related symbols: EWJ, VSPY
Daily Dividend Report: LOW, NSA, MCD, RTN, TAP, BIG
Related symbols: LOW, NSA, MCD, RTN, TAP, BIG
Daily Dividend Report: EXR, TIF, FLO, DG, CBS
Related symbols: EXR, TIF, FLO, DG, CBS
Daily Dividend Report: OMC, BG, WRB, BLK, MCK
Related symbols: OMC, BG, WRB, BLK, MCK
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: October 11, 2012
| Market News Video | Copyright © 2008 - 2016, 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.