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.
Wednesday Sector Laggards: Hospital & Medical Practitioners, Rubber & Plastics
Related symbols: KND, UHS, TUP, CSL
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Sporting Goods & Activities
Related symbols: DNR, NOG, TRK, SIX
Tuesday Sector Laggards: Computer Peripherals, Hospital & Medical Practitioners
Related symbols: STX, LOGI, CYH, THC
Wednesday's ETF with Unusual Volume: AIRR
Related symbols: AIRR, HBAN, WNC, MSFG
Wednesday's ETF Movers: XOP, IHI
Related symbols: DNR, OAS, IART, TMO, IHI, XOP
SLV, EVX: Big ETF Outflows
Related symbols: SLV, EVX, WM, RSG
Daily Dividend Report: WFC, ANTM, MPC, DFS, HSY, XOM, MRK
Related symbols: WFC, ANTM, MPC, DFS, HSY, XOM, MRK
Daily Dividend Report: BBT, CMA, HXL, IBM, WPZ, ETN, EXC
Related symbols: BBT, CMA, HXL, IBM, WPZ, ETN, EXC
Daily Dividend Report: STT, SWKS, MXIM, ZION, KO, INTC
Related symbols: STT, SWKS, MXIM, ZION, KO, INTC
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Daily Market Wrap: November 14, 2012
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