Daily Market Wrap: October 3, 2012 Wednesday, October 3, 4:07 PM ET
Better than expected economic data gave investors a renewed sense of optimism but the markets came off of the highs of the day over continued worries over the global economy.
Private sector employers added 162,000 jobs in September, according to the ADP employment report. That number exceeded economists' expectations for a gain of 143,000 jobs.
The Institute for Supply Management's non-manufacturing index rose to 55.1 in September, while economists were expecting a dip in the index. A reading over 50 indicates growth in the service sector.
On the earnings front, Monsanto (NYSE:
MON) posted a fourth quarter loss and the seed company also posted a conservative earnings forecast for its new fiscal year.
United Continental (NYSE:
UAL) and Delta Airlines (NYSE: DAL) are trading higher after rival US Airways ( LCC) reported better than expected traffic last month.
Tomorrow, we'll take a look at the numbers for weekly jobless claims as well as chain store sales.
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Leaders: Aerospace & Defense, Computer Peripherals
Related symbols: BA, TXT, KTCC, JNPR
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
Related symbols: BBG, PTEN, NBR, NNA
Tuesday Sector Leaders: Precious Metals, Biotechnology Stocks
Related symbols: THM, FSM, ADXS, CFRX
Wednesday's ETF with Unusual Volume: PSAU
Related symbols: PSAU, ABX, NEM, AMS, DPM
Wednesday's ETF Movers: IXN, OIH
Related symbols: EA, AAPL, PTEN, NBR, OIH, IXN
ACWI, HYND: Big ETF Outflows
Related symbols: ACWI, HYND, AAPL, XOM
Daily Dividend Report: AAPL, WFC, IBM, EXC, BDX, JCI, NBL, GWW, PX
Related symbols: AAPL, WFC, IBM, EXC, BDX, JCI, NBL, GWW, PX
Daily Dividend Report: AAL, ARG, ENR, NYCB, CR, OSK, RBC, PRGO, AOS, NGL
Related symbols: AAL, ARG, ENR, NYCB, CR, OSK, RBC, PRGO, AOS, NGL
Daily Dividend Report: INTC, CMS, WES, ALE, SBUX, PH, POM, CNW, FUL
Related symbols: INTC, CMS, WES, ALE, SBUX, PH, POM, CNW, FUL
Weekly Market Wrap: January 9, 2015
Related symbols: BAC, SAN, AAPL, CL, MET, COG, DDR
Weekly Market Wrap: January 2, 2015
Related symbols: BAC, AAPL, GE, SIRI, DOC, TCFC, NYRT, PNC
Weekly Market Wrap: December 26, 2014
Related symbols: BAC, AAPL, RAD, GILD, GRPN
Week Ahead Market Report: January 26, 2015
Related symbols: BA, GE, BABA, AAPL, OCN, BAC, AOS, MMM
Week Ahead Market Report: January 12, 2015
Related symbols: NPSP, BAC, AAPL, MU, CSCO
Week Ahead Market Report: December 29, 2014
Related symbols: BAC, AAPL, RAD, SIRI, ACHI, GAME, EXPO
All videos » |
Stock market definitions »
Daily Market Wrap: October 3, 2012
| Market News Video | Copyright © 2008 - 2015, 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.