Daily Market Wrap: December 6, 2012 Thursday, December 6, 4:49 PM ET
The markets made some modest gains today despite a light day of trading ahead of the government jobs report due out tomorrow.
The number of Americans filing initial unemployment benefits fell 25,000 to a seasonally adjusted 370,000, according to the Labor Department.
Meanwhile, a report from Challenger, Gray & Christmas showed a 20 increase in planned layoffs in November from the prior month.
Job cuts in the food services sector led the way, as the bankruptcy of Hostess Brands put thousands out of work.
Lululemon Athletica (
LULU) managed to beat earnings expectations but the yoga apparel retailer forecast a sharp decline in same-store sales growth in the fourth quarter.
Smithfield Foods (
SFD) also topped earnings forecasts but revenue fell short of expectations.
Tomorrow, we'll take a look at the government jobs report as well as the consumer sentiment report.
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Laggards: Electric Utilities, Agriculture & Farm Products
Related symbols: GLBL, TERP, CRESY, AGRO
Wednesday Sector Leaders: Biotechnology, Apparel Stores
Related symbols: KBIO, OHRP, SSI, BOOT
Tuesday Sector Laggards: Airlines, Entertainment Stocks
Related symbols: CPA, ALGT, HKTV, WWE
Wednesday's ETF with Unusual Volume: GWX
Related symbols: GWX, BBD.B.CA, AMRN, GUY.CA, ACQ.CA
Wednesday's ETF Movers: XBI, ILF
Related symbols: SAGE, AGEN, ITUB, PBR.A, ILF, XBI
EWT, KOLD: Big ETF Outflows
Related symbols: EWT, KOLD
Daily Dividend Report: MKC, WU, WR, INT, GES, CCBG
Related symbols: MKC, WU, WR, INT, GES, CCBG
Daily Dividend Report: BDX, HRL, VAL, LG, FGP, DSW, CHS
Related symbols: BDX, HRL, VAL, LG, FGP, DSW, CHS
Daily Dividend Report: CBU, LUV, WLK, UGI, ORI, GME, DCI, CINF
Related symbols: CBU, LUV, WLK, UGI, ORI, GME, DCI, CINF
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 6, 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.