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, Water Utilities
Related symbols: EROS, AMC, SBS, AWK
Friday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Metals & Mining Stocks
Related symbols: RYI, FCX, TCK, UUUU
Thursday Sector Laggards: Oil & Gas Refining & Marketing, Oil & Gas Exploration & Production Stocks
Related symbols: ALDW, GPRE, CRC, UPL
Friday's ETF with Unusual Volume: FYC
Related symbols: FYC, KS, NUVA, BYD
Friday's ETF Movers: IYG, PCEF
Related symbols: JPM, NAVI, GNT, DUC, PCEF, IYG
VWO, PERM: Big ETF Outflows
Related symbols: VWO, PERM, PBR.A, VALE.P, T, ABBV
Daily Dividend Report: AIG, KMB, DPS, IPG, DNB, GE, HON, NKE, EMC, ITW
Related symbols: AIG, KMB, DPS, IPG, DNB, GE, HON, NKE, EMC, ITW
Daily Dividend Report: CSCO, UPS, EFX, DOW, HAL, CSX, TSN, WY
Related symbols: CSCO, UPS, EFX, DOW, HAL, CSX, TSN, WY
Daily Dividend Report: TWX, WU, OC, GAS, UNH, SYK, PRU, CMI
Related symbols: TWX, WU, OC, GAS, UNH, SYK, PRU, CMI
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
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
All videos » |
Stock market definitions »
Daily Market Wrap: December 5, 2012
| Market News Video | Copyright © 2008 - 2016, 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.