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Daily Market Wrap: November 28, 2012
Wednesday, November 28, 5:01 PM ET

Optimism over a possible deal to avoid the fiscal cliff gave the markets a bit of a boost today, following remarks by House Speaker John Boehner and President Barack Obama who said he hopes to reach a deal before Christmas.

On the economic front, the Commerce Department said new home sales fell 0.3 percent in October, to a seasonally adjusted 368,000, falling short of economists' expectations.

Meanwhile, the Mortgage Bankers Association is reporting a drop in mortgage applications last week, down 0.9 percent on a seasonally adjusted basis.

Shares of Costco (NASDAQ:COST) are sharply higher today after the company beat sales expectations and also announced a special dividend of $7 per share.

Green Mountain Coffee Roasters (NASDAQ:GMCR) also rallied today after the company posted a better than expected outlook for the upcoming fiscal year.

Tomorrow, we'll take a look at the numbers for weekly jobless claims, chain store sales as well as earnings from Tiffany (NYSE:TIF).

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Market Wrap: November 28, 2012 picture
Tuesday 6/2 Insider Buying Report: PODD, URITuesday 6/2 Insider Buying Report: PODD, URI
Related symbols: PODD,URI
Monday 6/1 Insider Buying Report: AVID, WRIMonday 6/1 Insider Buying Report: AVID, WRI
Related symbols: AVID,WRI
Monday 6/1 Insider Buying Report: FFWM, HKMonday 6/1 Insider Buying Report: FFWM, HK
Related symbols: FFWM,HK
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Nasdaq 100 Movers: VRTX, WYNNNasdaq 100 Movers: VRTX, WYNN
Related symbols: VRTX,WYNN
S&P 500 Movers: PPL, PVHS&P 500 Movers: PPL, PVH
Related symbols: PPL,PVH
Dow Movers: INTC, CATDow Movers: INTC, CAT
Related symbols: INTC,CAT
S&P 500 Analyst Moves: EIXS&P 500 Analyst Moves: EIX
Related symbols: EIX
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S&P 500 Analyst Moves: ADIS&P 500 Analyst Moves: ADI
Related symbols: ADI
S&P 500 Analyst Moves: ETFCS&P 500 Analyst Moves: ETFC
Related symbols: ETFC
Tuesday Sector Laggards: Real Estate, Electric UtilitiesTuesday Sector Laggards: Real Estate, Electric Utilities
Related symbols: JOE,PPL,ITC
Tuesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Oil & Gas Exploration & Production StocksTuesday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Oil & Gas Exploration & Production Stocks
Related symbols: TC,VALE,HK,XCO
Monday Sector Laggards: Metals & Mining, Music & Electronics StoresMonday Sector Laggards: Metals & Mining, Music & Electronics Stores
Related symbols: MCP,CLD,HGG,RCII
Tuesday's ETF with Unusual Volume: PRFTuesday's ETF with Unusual Volume: PRF
Related symbols: PRF,BAC,FTR,ANR,PPL
Tuesday's ETF Movers: OIH, XLUTuesday's ETF Movers: OIH, XLU
Related symbols: RIG,ESV,PPL,CMS,XLU,OIH
SDS, KORU: Big ETF OutflowsSDS, KORU: Big ETF Outflows
Related symbols: SDS,KORU,EWY
Daily Dividend Report: SPLS, INT, STC, BANC, DAKT, SALMDaily Dividend Report: SPLS, INT, STC, BANC, DAKT, SALM
Related symbols: SPLS,INT,STC,BANC,DAKT,SALM
Daily Dividend Report: DCI, CCI, HOT, RRC, TSS, TCO, BKEDaily Dividend Report: DCI, CCI, HOT, RRC, TSS, TCO, BKE
Related symbols: DCI,CCI,HOT,RRC,TSS,TCO,BKE
Daily Dividend Report: LOW, CSCO, BLK, RTN, HOT, IRM, BIGDaily Dividend Report: LOW, CSCO, BLK, RTN, HOT, IRM, BIG
Related symbols: LOW,CSCO,BLK,RTN,HOT,IRM,BIG
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
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Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
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Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
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Symbol Cloud:   AAPL   ALTR   ANR   AOI   AXP   BA   BAC   BID   BIG   BMRN   BRCD   BRK.B   BTG   CAT   CCI   CDZI   CECO   CIG   CMG   CP   CSCO   CTL   CTRP   CWI   DLTR   DRH   DUST   ESI   EWU   FSLR   FTR   GDJS   GDX   GME   GNR   GRBK   GXC   HGG   HK   HOT   HPQ   ICLN   ILF   INTC   IRM   ISCA   ISIS   ITC   IWM   JNPR   JPM   KORU   LINC   LO   LOW   LVNTA   MCK   MRK   NKE   OFIX   OIH   PFE   PIN   PPL   PPP   PSX   PVH   RIG   RRC   RSYS   SBS   SDS   SID   SPLS   TIF   TSS   TWC   UNH   URI   VALE   VIA   WBAI   WDC   WFC   WMB   WST   WYNN   XLF   XXII
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Daily Market Wrap: November 28, 2012 | Market News Video | Copyright © 2008 - 2015, All Rights Reserved

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