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.
Tuesday Sector Leaders: Precious Metals, Music & Electronics Stores
Related symbols: PLG, BAA, RCII, BBY
Monday Sector Laggards: Biotechnology, Drugs
Related symbols: CLDN, CAPR, AKRX, AFMD
Monday Sector Leaders: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: CDE, SSRI, ZINC, ZEUS
Tuesday's ETF with Unusual Volume: VFH
Related symbols: VFH, BAC, HBAN, FBC, AAMC
Tuesday's ETF Movers: GDX, OIH
Related symbols: HMY, AEM, NOV, OII, OIH, GDX
XLI, BWZ: Big ETF Outflows
Related symbols: XLI, BWZ, GE, MMM
Daily Dividend Report: PDS, HON, DAL, MAC, HOG, RKT, PRE
Related symbols: PDS, HON, DAL, MAC, HOG, RKT, PRE
Daily Dividend Report: SPG, PFG, RF, AVY, PFE, V
Related symbols: SPG, PFG, RF, AVY, PFE, V
Daily Dividend Report: JNJ, AMP, COL, NDAQ, TWX, LMT, PH, SCHW
Related symbols: JNJ, AMP, COL, NDAQ, TWX, LMT, PH, SCHW
Weekly Market Wrap: April 24, 2015
Related symbols: MSFT, VALE, CMCSA, AAPL
Weekly Market Wrap: April 10, 2015
Related symbols: BAC, GE, RAD, F, ZNGA
Weekly Market Wrap: April 2, 2015
Related symbols: BAC, MU, MSFT
Week Ahead Market Report: April 13, 2015
Related symbols: GE, AAPL, BAC, JPM, NOK
Week Ahead Market Report: April 6, 2015
Related symbols: AAPL, BAC, RAD, AMAT
Week Ahead Market Report: March 30, 2015
Related symbols: AAPL, BAC, INTC, AYI, CONN, MU
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.