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.
Analyst Moves: JNJ, LNKD, INTC
Related symbols: JNJ, LNKD, INTC, CS, C, BMO
Retail Analyst Moves: ULTA, FIVE, FDO, GPS
Related symbols: ULTA, FIVE, FDO, GPS
Analyst Moves: ORCL, HK, KSS
Related symbols: ORCL, HK, KSS, BMO, MS, BAC
Thursday Sector Leaders: Music & Electronics Stores, Shipping Stocks
Related symbols: CONN, RCII, NM, BALT
Thursday Sector Laggards: Apparel Stores, Water Utilities
Related symbols: WTSL, NWY, PCYO, CWCO
Wednesday Sector Leaders: Precious Metals, Shipping Stocks
Related symbols: ANV, SA, EGLE, GNK
Thursday's ETF with Unusual Volume: REZ
Related symbols: REZ, BRE, EQR, ESS, AIV
Thursday's ETF Movers: XME, GDXJ
Related symbols: SLCA, BTU, CSI.CA, OGC.CA, GDXJ, XME
FVD, FVL: Big ETF Outflows
Related symbols: FVD, FVL, AAPL, WMK, AMKR, SPR
Daily Dividend Report: VZ, RAI, CCJ, VVI
Related symbols: VZ, RAI, CCJ, VVI
Daily Dividend Report: TD, BDC, GES, HI, ETH
Related symbols: TD, BDC, GES, HI, ETH
Daily Dividend Report: RY, GD, HES, RCL, DIS
Related symbols: RY.GD, HES, RCL, DIS
Weekly Market Wrap: November 22, 2013
Related symbols: TGT, SHLD, FL, ANF
Weekly Market Wrap: November 15, 2013
Related symbols: MCD, WMT, KSS, M
Weekly Market Wrap: November 8, 2013
Related symbols: TWTR, DUK, D, CVS, K
Week Ahead Market Report: December 2, 2013
Related symbols: BMO, ARO, GES, ALCO, DMND, AEO
Week Ahead Market Report: November 25, 2013
Related symbols: ADI, EV, HRL, GLNG, RENN
Week Ahead Market Report: November 18, 2013
Related symbols: BBY, DE, ADTG, GPS
All videos » |
Stock market definitions »
Daily Market Wrap: December 5, 2012
| Market News Video | Copyright © 2008 - 2013, 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.