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: PAYX, JBHT
Related symbols: PAYX, JBHT, FOXA, JD
S&P 500 Movers: PAYX, TRIP
Related symbols: ARNC, AAP, PAYX, TRIP
Dow Movers: MSFT, JPM
Related symbols: MSFT, JPM, CAT, V
Wednesday Sector Laggards: Rental, Leasing, & Royalty, Cigarettes & Tobacco Stocks
Related symbols: NDRO, PCO, XXII, AOI
Wednesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Paper & Forest Products
Related symbols: NAK, ATI, KOP, UFS
Tuesday Sector Laggards: Music & Electronics Stores, Semiconductors
Related symbols: SYX, VOXX, CAMT, CYBE
Wednesday's ETF with Unusual Volume: VO
Related symbols: VO, AMD, RAD, ARNC, AAP
Wednesday's ETF Movers: XME, XLU
Related symbols: TMST, ATI, NI, CNP, XLU, XME
DBE, DUST: Big ETF Outflows
Related symbols: DBE, DUST, CLTL
Daily Dividend Report: GIS, MA, SPGI, CPB, MKC
Related symbols: GIS, MA, SPGI, CPB, MKC
Daily Dividend Report: DRI, BA, PMT, RGCO
Related symbols: DRI, BA, PMT, RGCO
Daily Dividend Report: IMKTA, DGAS, PFBC, CAFD, PLYM
Related symbols: IMKTA, DGAS, PFBC, CAFD, PLYM
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Daily Market Wrap: November 14, 2012
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