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: CERN, CSX
Related symbols: SHPG, CHKP, CERN, CSX
S&P 500 Movers: BBT, CSX
Related symbols: BBT, CSX, NFLX, BK
Dow Movers: XOM, NKE
Related symbols: XOM, NKE, BA, GS
Thursday Sector Laggards: Music & Electronics Stores, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: RCII, CONN, ZEUS, AKS
Thursday Sector Leaders: Railroads, Rental, Leasing, & Royalty Stocks
Related symbols: CSX, NSC, SJT, BPT
Wednesday Sector Laggards: Publishing, Textiles
Related symbols: PSO, LEE, DXYN, COLM
Thursday's ETF with Unusual Volume: RLY
Related symbols: RLY, XLE, RWX, DBO, XME
Thursday's ETF Movers: IYT, XME
Related symbols: CSX, NSC, AKS, X, XME, IYT
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Related symbols: SCPB, ENOR
Daily Dividend Report: VNO, CMS, PSXP, TLLP, KMI
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Daily Dividend Report: O, LLTC, FAST, NTRS, MTX
Related symbols: O, LLTC, FAST, NTRS, MTX
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Related symbols: LNT, EPR, SO, ADP, FE, UNM, NNN
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Daily Market Wrap: November 14, 2012
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