Daily Market Wrap: November 14, 2012 Wednesday, November 14, 4:55 PM ET
It was a down day for the markets, despite strong earnings reports as investors remain concerned about U.S. budget negotiations.
The Mortgage Bankers Association is reporting a 12.6 percent increase in weekly mortgage applications last week, following a drop in applications in the previous week due to Hurricane Sandy.
SPLS) narrowly beat earnings expectations, although overall revenue was affected by weakness in Europe and Australia.
Back in September, the office supply retailer announced plans to close 30 stores in North America and 45 in Europe.
Tech stocks got a boost from Cisco Systems (NASDAQ:
CSCO) as the company reported quarterly earnings and revenue which exceeded expectations, sending shares higher today.
Tomorrow, we'll take a look at the numbers for weekly jobless claims as well as earnings from Target (NYSE:
TGT) and Wal-Mart (NYSE: WMT).
For Marketnewsvideo.com, I'm Sayoko Murase.
Analyst Moves: ORCL, HK, KSS
Related symbols: ORCL, HK, KSS, BMO, MS, BAC
Analyst Moves: TUMI, ARO, C, SJM
Related symbols: TUMI, ARO, C, SJM, GS, JEF, DB, WFC
Analyst Moves: BBT, JCI, STLD, WHR
Related symbols: BBT, JCI, STLD, WHR, MS, JEF
Thursday Sector Leaders: Music & Electronics Stores, Shipping Stocks
Related symbols: CONN, RCII, NM, BALT
Thursday Sector Laggards: Apparel Stores, Water Utilities
Related symbols: WTSL, NWY, PCYO, CWCO
Wednesday Sector Leaders: Precious Metals, Shipping Stocks
Related symbols: ANV, SA, EGLE, GNK
Thursday's ETF with Unusual Volume: REZ
Related symbols: REZ, BRE, EQR, ESS, AIV
Thursday's ETF Movers: XME, GDXJ
Related symbols: SLCA, BTU, CSI.CA, OGC.CA, GDXJ, XME
FVD, FVL: Big ETF Outflows
Related symbols: FVD, FVL, AAPL, WMK, AMKR, SPR
Daily Dividend Report: VZ, RAI, CCJ, VVI
Related symbols: VZ, RAI, CCJ, VVI
Daily Dividend Report: TD, BDC, GES, HI, ETH
Related symbols: TD, BDC, GES, HI, ETH
Daily Dividend Report: RY, GD, HES, RCL, DIS
Related symbols: RY.GD, HES, RCL, DIS
Weekly Market Wrap: November 22, 2013
Related symbols: TGT, SHLD, FL, ANF
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Related symbols: MCD, WMT, KSS, M
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Related symbols: TWTR, DUK, D, CVS, K
Week Ahead Market Report: December 2, 2013
Related symbols: BMO, ARO, GES, ALCO, DMND, AEO
Week Ahead Market Report: November 25, 2013
Related symbols: ADI, EV, HRL, GLNG, RENN
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Related symbols: BBY, DE, ADTG, GPS
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Daily Market Wrap: November 14, 2012
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