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.
Thursday Sector Laggards: Cigarettes & Tobacco, Transportation Services
Related symbols: AOI, XXII, BRS, NAO
Thursday Sector Leaders: Department Stores, Rental, Leasing, & Royalty Stocks
Related symbols: DLTR, OLLI, MGT, NRT
Wednesday Sector Laggards: Education & Training Services, Water Utilities
Related symbols: DV, ESI, GWRS, YORW
Thursday's ETF with Unusual Volume: MXI
Related symbols: MXI, FCX, VALE, GGB, OI
Thursday's ETF Movers: XLU, FBT
Related symbols: AEE, PCG, IONS, NBIX, FBT, XLU
EEM, PEZ: Big ETF Outflows
Related symbols: EEM, PEZ, BABA, BIDU, ORLY, DPZ
Daily Dividend Report: OMC, BG, WRB, BLK, MCK
Related symbols: OMC, BG, WRB, BLK, MCK
Daily Dividend Report: PCG, CBT, MRK, ALL, HRL, THG
Related symbols: PCG, CBT, MRK, ALL, HRL, THG
Daily Dividend Report: NSP, AET, YUM, CCI, SYY, ZBH, WY
Related symbols: NSP, AET, YUM, CCI, SYY, ZBH, WY
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 3, 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.