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.
Nasdaq 100 Movers: INTU, INCY
Related symbols: INTU, INCY, KHC, EBAY
S&P 500 Movers: INTU, MNK
Related symbols: INTU, MNK, GRMN, ENDP
Dow Movers: PG, CSCO
Related symbols: PG, CSCO, NKE, AAPL
Wednesday Sector Laggards: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: AAU, EXK, NAK, CENX
Wednesday Sector Leaders: Beverages & Wineries, Drugs
Related symbols: BREW, FIZZ, LCI, PMC
Tuesday's ETF Movers: ITB, FPE
Related symbols: AMWD, TOL, AFST, FPE, ITB
Wednesday's ETF with Unusual Volume: PWB
Related symbols: PWB, SIRI, SBUX, INTU
Wednesday's ETF Movers: PJP, SIL
Related symbols: LCI, IPXL, EXK, MUX, SIL, PJP
SPY, IEIL: Big ETF Outflows
Related symbols: SPY, IEIL, AAPL, MSFT, AER
Daily Dividend Report: TROW, CTL, BBY, VVI
Related symbols: TROW, CTL, BBY, VVI
Daily Dividend Report: ZBH,ORI,THG,JBT,ESV
Related symbols: ZBH, ORI, THG, JBT, ESV
Daily Dividend Report: MLM,WMB,MDT,LOW,WY
Related symbols: MLM, WMB, MDT, LOW, WY
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Daily Market Wrap: November 14, 2012
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