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.
Dow Movers: AAPL, BA
Related symbols: AAPL, BA, GS, CSCO
S&P 500 Movers: IP, KMX
Related symbols: IP, KMX, TIF, EFX
Nasdaq 100 Movers: MAT, PAYX
Related symbols: MAT, PAYX, EA, NTES
Friday Sector Laggards: Packaging & Containers, Cigarettes & Tobacco Stocks
Related symbols: WRK, IP, XXII, UVV
Friday Sector Leaders: Defense, Precious Metals
Related symbols: AJRD, ARTX, PVG, NG
Thursday Sector Laggards: Education & Training Services, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: CHGG, LAUR, ZEUS, SID
Friday's ETF with Unusual Volume: VSS
Related symbols: VSS, AMD, NOK, PVG, BBRY
Friday's ETF Movers: GDXJ, VNQ
Related symbols: PVG, NG, OLP, HCP, VNQ, GDXJ
EWU, EUFL: Big ETF Outflows
Related symbols: EWU, EUFL
Daily Dividend Report: TXN, MCD, MAS, CAG, DRI
Related symbols: TXN, MCD, MAS, CAG, DRI
Daily Dividend Report: A, PCG, TGT, WPC, WWD
Related symbols: A, PCG, TGT, WPC, WWD
Daily Dividend Report: MSFT,FITB,CVS,MA,CUZ
Related symbols: MSFT, FITB, CVS, MA, CUZ
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Daily Market Wrap: November 14, 2012
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