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.
Tuesday Sector Leaders: Airlines, Specialty Retail Stocks
Related symbols: ZNH, CEA, FLWS, SPLS
Tuesday Sector Laggards: Music & Electronics Stores, Precious Metals
Related symbols: CONN, RSH, ANV, SAND
Friday Sector Leaders: Music & Electronics Stores, Information Technology Services
Related symbols: RSH, CONN, RALY, SPLK
Tuesday's ETF with Unusual Volume: FRN
Related symbols: FRN, BVN, BSAC, EOC
Tuesday's ETF Movers: IYT, XOP
Related symbols: UAL, ALK, MHR, GST, XOP, IYT
SH, FXS: Big ETF Outflows
Related symbols: SH, FXS
Daily Dividend Report: JE, TSS, EGAS, EDUC, EFSC, WSBC
Related symbols: JE, TSS, EGAS, EDUC, EFSC, WSBC
Daily Dividend Report: EIX, RRC, LRCX, LINE, LNCO, PKG, BIG, BWS
Related symbols: EIX, RRC, LRCX, LINE, LNCO, PKG, BIG, BWS
Daily Dividend Report: TD, HUM, ROC, WR, CBL, PPS, OFG
Related symbols: TD, HUM, ROC, WR, CBL, PPS, OFG
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Related symbols: RSH, AAPL, BAC, TWTR, HUM, BBY, CSCO, LOW, PPL, SYY
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Related symbols: JCP, BAC, SIRI, AAPL, MMM, NKE, EFX, UNH, PRU
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Daily Market Wrap: November 14, 2012
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