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Midday Market Wrap: November 15, 2012
Thursday, November 15, 1:17 PM ET

Stocks slumping on a surge in jobless claims data last week. Economists said even considering disruptions from Hurricane Sandy, the addition of 78,000 new claims last week are considerable.

Also adding to stock weakness was dismal earnings news from Walmart (NYSE:WMT) and Target (NYSE:TGT). Walmart shares reportedly dropped on a lower than expected forecast for 4th quarter results, and Target's sales were increasing at a slower rate from last year.

At lunchtime, the Dow was down .53%, the S&P 500 was down .52% and the Nasdaq was down .57%.

For Marketnewsvideo.com, I'm Kristin Bianco.

Midday Market Wrap: November 15, 2012 picture
Monday 9/15 Insider Buying Report: CAS, AMTGMonday 9/15 Insider Buying Report: CAS, AMTG
Related symbols: CAS,AMTG
Monday 9/15 Insider Buying Report: NES, WMCMonday 9/15 Insider Buying Report: NES, WMC
Related symbols: NES,WMC
Friday 9/12 Insider Buying Report: TDG, BRXFriday 9/12 Insider Buying Report: TDG, BRX
Related symbols: TDG,BRX
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S&P 500 Movers: WYNN, HUMS&P 500 Movers: WYNN, HUM
Related symbols: WYNN,HUM
Nasdaq 100 Movers: WYNN, ALTRNasdaq 100 Movers: WYNN, ALTR
Related symbols: WYNN,ALTR
Dow Movers: UTX, UNHDow Movers: UTX, UNH
Related symbols: UTX,UNH
S&P 500 Analyst Moves: CVSS&P 500 Analyst Moves: CVS
Related symbols: CVS
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Dow Analyst Moves: VZDow Analyst Moves: VZ
Related symbols: VZ
S&P 500 Analyst Moves: SBUXS&P 500 Analyst Moves: SBUX
Related symbols: SBUX
Tuesday Sector Leaders: Metals & Mining, Beverages & WineriesTuesday Sector Leaders: Metals & Mining, Beverages & Wineries
Related symbols: SCOK,SLCA,REED,SODA
Tuesday Sector Laggards: Precious Metals, General Contractors & BuildersTuesday Sector Laggards: Precious Metals, General Contractors & Builders
Related symbols: BAA,PPP,MHO,RYL
Monday Sector Leaders: Music & Electronics Stores, Beverages & WineriesMonday Sector Leaders: Music & Electronics Stores, Beverages & Wineries
Related symbols: RSH,BBY,TAP,DEO
EZU, SMLL: Big ETF OutflowsEZU, SMLL: Big ETF Outflows
Related symbols: EZU,SMLL,MT,RYAAY
EWG, XTL: Big ETF InflowsEWG, XTL: Big ETF Inflows
Related symbols: EWG,XTL,RKUS,EXTR
Tuesday's ETF Movers: ILF, GDXJTuesday's ETF Movers: ILF, GDXJ
Related symbols: PBR.A,ITUB,DRD,MAG.CA,GDXJ,ILF
Daily Dividend Report:  NGPC, CPT, KRC, DEI, UMPQDaily Dividend Report: NGPC, CPT, KRC, DEI, UMPQ
Related symbols: NGPC,CPT,KRC,DEI,UMPQ
Daily Dividend Report: CPG, IRM, VET, SRE, XEC, ARE, LPT, LHODaily Dividend Report: CPG, IRM, VET, SRE, XEC, ARE, LPT, LHO
Related symbols: CPG,IRM,VET,SRE,XEC,ARE,LPT,LHO
Daily Dividend Report: INTC, ABT, TJX, BXP, RL, SLG, HUN, CBI, DRI, OCRDaily Dividend Report: INTC, ABT, TJX, BXP, RL, SLG, HUN, CBI, DRI, OCR
Related symbols: INTC,ABT,TJX,BXP,RL,SLG,HUN,CBI,DRI,OCR
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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Related symbols: S,BAC,EBAY,AAPL,YHOO,CL,TYC,PM,IP,AMAT
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Related symbols: BAC,AAPL,VALE,GILD,HES,AEO,EGAS,DOW,FDO
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Related symbols: RSH,AAPL,BAC,TWTR,HUM,BBY,CSCO,LOW,PPL,SYY
Week Ahead Market Report: September 15, 2014Week Ahead Market Report: September 15, 2014
Related symbols: BAC,YHOO,AAPL,NOK,AVNR,ADBE,LEN,CAG,ORCL
Week Ahead Market Report: September 8, 2014Week Ahead Market Report: September 8, 2014
Related symbols: BAC,YHOO,MSFT,AAPL,BKS,RH,KR,DRI
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Related symbols: CWPR,AAPL,BAC,HRB,JOY,PAY
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Midday Market Wrap: November 15, 2012 | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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