Daily Market Wrap: December 5, 2012 Wednesday, December 5, 4:11 PM ET
A handful of better than expected economic reports kept the Dow and S&P in positive territory while the Nasdaq was impacted by Apple's (NASDAQ:
On the economic front, the Commerce Department is reporting a gain of 0.8 percent in factory orders, while economists were expecting a flat reading.
Expansion of the US services sector was also larger than expected, with the ISM manufacturing index coming in at 54.7 in November.
Meanwhile, the Mortgage Bankers Association is reporting a 4.5 percent increase in weekly mortgage applications last week.
C) announced today it is cutting 11,000 jobs worldwide in an effort to reorganize the company and cut costs.
The move will reportedly save the bank over $1.1 billion a year in expenses. The news sent shares higher today.
Tomorrow, we'll have the numbers for weekly jobless claims as well as earnings from H&R Block(NYSE:
HRB) and Lululemon (NASDAQ: LULU).
For MarketNewsVideo.com, I'm Sayoko Murase.
Friday Sector Laggards: Trucking, Cigarettes & Tobacco Stocks
Related symbols: SWFT, KNX, XXII, AOI
Friday Sector Leaders: Education & Training Services, Music & Electronics Stores
Related symbols: ESI, CECO, HGG, GME
Thursday Sector Laggards: Oil & Gas Exploration & Production, Railroads
Related symbols: HERO, ECR, CP, GSH
Friday's ETF with Unusual Volume: RYT
Related symbols: RYT, AAPL, INTC, ALTR, WDC
Friday's ETF Movers: PIN, ILF
Related symbols: TCS, VEDL, SID, CIG, ILF, PIN
JNK, FTSM: Big ETF Outflows
Related symbols: JNK, FTSM, FTSL, USD
Daily Dividend Report: LOW, CSCO, BLK, RTN, HOT, IRM, BIG
Related symbols: LOW, CSCO, BLK, RTN, HOT, IRM, BIG
Daily Dividend Report: HPQ, TIF, MCK, DG, BDC, DRH
Related symbols: HPQ, TIF, MCK, DG, BDC, DRH
Daily Dividend Report: MRK, DE, ESS, STR, DSW, MOV
Related symbols: MRK, DE, ESS, STR, DSW, MOV
Weekly Market Wrap: May 29, 2015
Related symbols: AAPL, BAC, PFE, INTC
Weekly Market Wrap: May 22, 2015
Related symbols: BAC, AAPL, ONTY, HPQ
Weekly Market Wrap: May 15, 2015
Related symbols: AAPL, BAC, AMAT
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
Week Ahead Market Report: April 13, 2015
Related symbols: GE, AAPL, BAC, JPM, NOK
All videos » |
Stock market definitions »
Daily Market Wrap: December 5, 2012
| Market News Video | Copyright © 2008 - 2015, 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.