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 Laggards: Education & Training Services, Television & Radio Stocks
Related symbols: EDU, LINC, AMCX, SSC
Tuesday Sector Leaders: Gas Utilities, Biotechnology Stocks
Related symbols: CPK, SJI, INO, FATE
Monday Sector Laggards: Electronic Equipment & Products, Agriculture & Farm Products
Related symbols: SANM, IIVI, TYHT, CRESY
Tuesday's ETF with Unusual Volume: AGT
Related symbols: AGT, YPF, SUPV, BMA
Tuesday's ETF Movers: XBI, VOX
Related symbols: INO, RARE, GSAT, FTR, VOX, XBI
KIE, XRT: Big ETF Outflows
Related symbols: KIE, XRT, FAF, LNC, OSTK, KSS
Daily Dividend Report: KMB, WEC, PETS, BDX, WPZ, WYNN
Related symbols: KMB, WEC, PETS, BDX, WPZ, WYNN
Daily Dividend Report: AOS, EPR, C, TXN, WBA, DFS
Related symbols: AOS, EPR, C, TXN, WBA, DFS
Daily Dividend Report: MS, ED, KMI, CCL, PPG, HPE
Related symbols: MS, ED, KMI, CCL, PPG, HPE
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Daily Market Wrap: November 14, 2012
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