Daily Market Wrap: October 25, 2012 Thursday, October 25, 4:08 PM ET
Stocks held onto gains this morning despite a mixed bag of economic reports, but the markets took a downturn on rumors of a U.S. downgrade by rating agency Fitch.
The number of Americans filing initial jobless claims fell by 23,000 last week, to a seasonally adjusted 369,000 according to the Labor Department.
Also on the economic front, the Commerce Department is reporting a 9.9 percent increase in durable goods orders in September, exceeding economists' expectations for a gain of 7.1 percent.
Meanwhile, the National Association of Realtors said pending home sales rose 0.3 in September, falling far short of expectations.
COP) reported a decline in third quarter profit, due in part to lower natural gas prices.
Shares of the energy company are trading higher today despite that report.
Procter & Gamble (NYSE:
PG) said fiscal first quarter net income fell 7 percent but still managed to beat expectations.
Tomorrow, we'll take a look at the consumer sentiment report as well as earnings from Comcast (NASDAQ:
CMCSA) and Merck (NYSE: MRK).
For Marketnewsvideo.com, I'm Sayoko Murase.
Friday Sector Laggards: Non-Precious Metals & Non-Metallic Mining, Oil & Gas Exploration & Production Stocks
Related symbols: WOR, CVIA, CRZO, ROAN
Friday Sector Leaders: Waste Management, Precious Metals
Related symbols: ESTR, WM, SVM, GPL
Thursday Sector Laggards: Precious Metals, Apparel Stores
Related symbols: AGI, EGO, GES, ASNA
EFA, EFZ: Big ETF Outflows
Related symbols: EFA, EFZ, NXPI, TEVA
SQQQ, ERSX: Big ETF Inflows
Related symbols: SQQQ, ERSX
Friday's ETF with Unusual Volume: DHS
Related symbols: DHS, GE, KEY, VTR, CPLG
Daily Dividend Report: PLCE, MAA, LW, APLE, UBA
Related symbols: PLCE, MAA, LW, APLE, UBA
Daily Dividend Report: RTN, WSM, A, DRI, SLG
Related symbols: RTN, WSM, A, DRI, SLG
Daily Dividend Report: FULT, SCS, MMC, NI, TWO
Related symbols: FULT, SCS, MMC, NI, TWO
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 25, 2012
| Market News Video | Copyright © 2008 - 2019, 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.