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: VIAB, SHPG
Related symbols: VIAB, SHPG, CHTR, DISCA
S&P 500 Movers: HPE, SIG
Related symbols: HPE, SIG, RRC, HPQ
Dow Movers: BA, GE
Related symbols: BA, GE, CVX, NKE
Wednesday Sector Laggards: Defense, Sporting Goods & Activities
Related symbols: KTOS, NOC, DS, BATRK
Wednesday Sector Leaders: Hospital & Medical Practitioners, Oil & Gas Exploration & Production Stocks
Related symbols: SGRY, ACHC, EPE, NOG
Tuesday Sector Laggards: Apparel Stores, Department Stores
Related symbols: DSW, NETS, JCP, DDS
Wednesday's ETF with Unusual Volume: IWV
Related symbols: IWV, SQ, GE, ITI, ICON
Wednesday's ETF Movers: FM, FXL
Related symbols: PAM, BMA, HPE, IPGP, FXL, FM
XLE, SIJ: Big ETF Outflows
Related symbols: XLE, SIJ, XOM, CVX
Daily Dividend Report: CP, SYBT, STLD, MTB, ORI
Related symbols: CP, SYBT, STLD, MTB, ORI
Daily Dividend Report: BDX, HRL, ADI, PEG, CBS
Related symbols: BDX, HRL, ADI, PEG, CBS
Daily Dividend Report: FISI, NTIC, PEP, GPC, WLK
Related symbols: FISI, NTIC, PEP, GPC, WLK
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Daily Market Wrap: November 14, 2012
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