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: SHPG, HSIC
Related symbols: SHPG, HSIC, MU, XLNX
S&P 500 Movers: CNP, HBI
Related symbols: CNP, HBI, SLB, HSIC
Dow Movers: INTC, MRK
Related symbols: INTC, MRK, GE, VZ
Monday Sector Laggards: Precious Metals, Metals Fabrication & Products
Related symbols: AXU, TAHO, AA, AQMS
Monday Sector Leaders: Music & Electronics Stores, Gas Utilities
Related symbols: RCII, GME, SXE, FGP
Friday Sector Laggards: Paper & Forest Products, Textiles
Related symbols: CLW, MERC, SKX, ICON
Monday's ETF with Unusual Volume: FXU
Related symbols: FXU, T, CNP, VVC
Monday's ETF Movers: MLPA, XME
Related symbols: WPZ, MMP, AA, CLF, XME, MLPA
XLU, SMH: Big ETF Outflows
Related symbols: XLU, SMH, NEE, DUK, INTC, TSM
Daily Dividend Report: OKE, PH, SCHW, HUM, HON
Related symbols: OKE, PH, SCHW, HUM, HON
Daily Dividend Report: V, KMI, MS, BK, SHW
Related symbols: V, KMI, MS, BK, SHW
Daily Dividend Report: QCOM, WHR, STBA, PEG, UNM
Related symbols: QCOM, WHR, STBA, PEG, UNM
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Related symbols: BAC, MU, AAPL, SUNE, FB
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Daily Market Wrap: November 14, 2012
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