Stocks closed in negative territory amid lackluster profits reports from Walmart (NYSE:WMT) and Target (NYSE:TGT), a jump in weekly jobless claims and the looming fiscal cliff.
Also announcing disappointing results was Ross Stores (NASDAQ:ROST) and Limited Brands (LTD).
Shares of Procter & Gamble (NYSE:PG) were down fractionally after the company announced it will continue to cut jobs. The household products giant said it will eliminate more non-manufacturing jobs through 2016, in addition to the 10% reduction it already announced.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.