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: Precious Metals, Advertising Stocks
Related symbols: VGZ, AAU, WPP, MDCA
Tuesday Sector Leaders: Agriculture & Farm Products, Semiconductors
Related symbols: TYHT, SANW, ATOM, UCTT
Friday Sector Laggards: Precious Metals, Metals & Mining Stocks
Related symbols: AUY, VGZ, CLD, LAC
Tuesday's ETF with Unusual Volume: SPYV
Related symbols: SPYV, WMT, BAC, NBL
Tuesday's ETF Movers: SOXX, GDXJ
Related symbols: MKSI, CRUS, OR, OSK.CA, GDXJ, SOXX
IWM, VIXM: Big ETF Outflows
Related symbols: IWM, VIXM, NKTR, BLUE
Daily Dividend Report: WMT, HD, WM, PEG, HAL
Related symbols: WMT, HD, WM, PEG, HAL
Daily Dividend Report: NEE, ITT, MPW, WEN, NUS
Related symbols: NEE, ITT, MPW, WEN, NUS
Daily Dividend Report: CSCO, KO, AMAT, ITW, SLF
Related symbols: CSCO, KO, AMAT, ITW, SLF
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Daily Market Wrap: November 14, 2012
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