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.
Thursday Sector Laggards: Defense, Information Technology Services
Related symbols: ARTX, ASTC, SILC, PFPT
Wednesday Sector Leaders: Rental, Leasing, & Royalty, Precious Metals
Related symbols: HGT, MTR, ANV, MVG
Wednesday Sector Laggards: General Contractors & Builders, Sporting Goods & Activities
Related symbols: MTH, HXM, MANU, WBAI
Thursday's ETF Movers: ITB, KRE
Related symbols: DHI, MHO, TBBK, TCBI, KRE, ITB
IWM, CHII: Big ETF Outflows
Related symbols: IWM, CHII, ARCP, AYI, HOLI
Wednesday's ETF with Unusual Volume: FEMS
Related symbols: FEMS, JASO, DANG, IMOS, XIN
Daily Dividend Report: AAPL, JNJ, PFE, C, V
Related symbols: AAPL, JNJ, PFE, C, V
Daily Dividend Report: CNI, MWE, SXL, CMA, DD
Related symbols: CNI, MWE, SXL, CMA, DD
Daily Dividend Report: MET, SPG, SO, NBL, SYK
Related symbols: MET, SPG, SO, NBL, SYK
Weekly Market Wrap: April 17, 2014
Related symbols: SHW, MS, GS, CSX
Weekly Market Wrap: April 11, 2014
Related symbols: WY, F, LEN
Weekly Market Wrap: April 4, 2014
Related symbols: TJX, PNC, IR, LINE, LNCO
Week Ahead Market Report: April 21, 2014
Related symbols: AMD, FB, ZNGA, AOS, AMGN, T, CMCSA, EAT, IR, BA, AMZN, F, AAN
Week Ahead Market Report: April 14, 2014
Related symbols: SCHW, KO, BAC, GS
Week Ahead Market Report: April 7, 2014
Related symbols: AA, BBBY, STZ, RAD, FAST
All videos » |
Stock market definitions »
Daily Market Wrap: October 25, 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.