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: Entertainment, Publishing Stocks
Related symbols: LGF, HKTV, ABCD, CRRC
Friday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Oil & Gas Exploration & Production Stocks
Related symbols: CLF, TGB, NADL, REI
Thursday Sector Leaders: Home Furnishings & Improvement, Apparel Stores
Related symbols: KIRK, WSM, URBN, FRAN
XLI, EUFX: Big ETF Outflows
Related symbols: XLI, EUFX, GE, UNP
PFF, HEFA: Big ETF Inflows
Related symbols: PFF, HEFA, GS, HSBC
Friday's ETF with Unusual Volume: PXJ
Related symbols: PXJ, HAL, WFT, KEG, FET
Daily Dividend Report: NKE, A, FLO, HD, UNP, FDX
Related symbols: NKE, A, FLO, HD, UNP, FDX
Daily Dividend Report: HPQ, RTN, NOC, AVB, JWN, CPB, JOY
Related symbols: HPQ, RTN, NOC, AVB, JWN, CPB, JOY
Daily Dividend Report: WMB, JCI, SYY, LZB, BLK, PCP, BRCM, LO, DPS
Related symbols: WMB, JCI, SYY, LZB, BLK, PCP, BRCM, LO, DPS
Weekly Market Wrap: November 21, 2014
Related symbols: BAC, INTC, AAPL, HPQ, CPB, SYY, BLK
Weekly Market Wrap: November 14, 2014
Related symbols: NOK, BHI, AAPL, HTZ, VIAB, ADP, BAX, CTL, WM, PBI
Weekly Market Wrap: November 7, 2014
Related symbols: GNW, ZNGA, BABA, BAC, WFM, ADM, WDC, AIG, ITW
Week Ahead Market Report: November 17, 2014
Related symbols: HAL, BHI, AAPL, F, HD, SJM, BBY, FL
Week Ahead Market Report: November 10, 2014
Related symbols: BABA, CMCSA, BAC, MSFT, CST, DHI, ADT, JCP, HP, JWN, ASTI
Week Ahead Market Report: November 3, 2014
Related symbols: ARCP, BAC, AAPL, SAPE, FB, BABA, CTL, SNI, HUM
All videos » |
Stock market definitions »
Daily Market Wrap: December 5, 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.