Daily Market Wrap: November 7, 2012 Wednesday, November 7, 4:16 PM ET
All the major indices were sharply lower today on the heels of President Barack Obama's re-election.
On the economic front, the Mortgage Bankers Association is reporting a 5 percent drop in weekly mortgage applications last week, due to Hurricane Sandy which battered the Northeast.
Kraft Foods (NASDAQ:
KRFT) said earnings for the third quarter rose 13 percent. ¬†The newly¬†independent packaged food-maker also backed its outlook for 2013.
Time Warner (NYSE:
TWC) beat earnings expectations, while revenue fell 3 percent, missing expectations of $6.98 billion.
Also among earnings Macy's (NYSE:
M) also topped earnings estimates but issued weak guidance for the holiday season. ¬†
Tomorrow, we'll take a look at the numbers for weekly jobless claims as well as earnings from Disney (NYSE:
DIS) and Nordstrom (NYSE: JWN).
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Leaders: Rental, Leasing, & Royalty, Precious Metals
Related symbols: HGT, MTR, ANV, MVG
Wednesday Sector Laggards: General Contractors & Builders, Sporting Goods & Activities
Related symbols: MTH, HXM, MANU, WBAI
Monday Sector Leaders: Rental, Leasing, & Royalty, Department Stores
Related symbols: REFR, NRT, JCP, SHLD
Wednesday's ETF with Unusual Volume: FEMS
Related symbols: FEMS, JASO, DANG, IMOS, XIN
Wednesday's ETF Movers: GDX, XBI
Related symbols: ASR.CA, DGC.CA, PBYI, ICPT, XBI, GDX
XLV, CHIX: Big ETF Outflows
Related symbols: XLV, CHIX, JNJ, PFE
Daily Dividend Report: CNI, MWE, SXL, CMA, DD
Related symbols: CNI, MWE, SXL, CMA, DD
Daily Dividend Report: MET, SPG, SO, NBL, SYK
Related symbols: MET, SPG, SO, NBL, SYK
Daily Dividend Report: OKE, NRG, HAS, ED, COL
Related symbols: OKE, NRG, HAS, ED, COL
Weekly Market Wrap: April 17, 2014
Related symbols: SHW, MS, GS, CSX
Weekly Market Wrap: April 11, 2014
Related symbols: WY, F, LEN
Weekly Market Wrap: April 4, 2014
Related symbols: TJX, PNC, IR, LINE, LNCO
Week Ahead Market Report: April 21, 2014
Related symbols: AMD, FB, ZNGA, AOS, AMGN, T, CMCSA, EAT, IR, BA, AMZN, F, AAN
Week Ahead Market Report: April 14, 2014
Related symbols: SCHW, KO, BAC, GS
Week Ahead Market Report: April 7, 2014
Related symbols: AA, BBBY, STZ, RAD, FAST
All videos » |
Stock market definitions »
Daily Market Wrap: November 7, 2012
| Market News Video | Copyright © 2008 - 2014, All Rights Reserved
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.