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Daily Market Wrap: January 17, 2012
Thursday, January 17, 5:03 PM ET

Some hopeful signs for the sluggish economy gave the markets a boost today, with all the major indices in positive territory.

The number of Americans filing first time unemployment benefits fell to a five-year low last week, down 37,000 to a seasonally adjusted 335,000, according to the Labor Department.

Meanwhile the Commerce Department said housing starts rose 12.1 percent to a 954,000-unit annual rate in December. This marks the fastest pace growth since June 2008.

On the earnings front, Citigroup (NYSE:C) missed expectations by a wide margin, sending shares lower today.

Bank of America (NYSE:BAC) is also trading lower today, despite earnings that beat expectations. The bank said fourth quarter earnings were lower than a year ago, due to mortgage settlements.

Tomorrow, we'll take a look at earnings from General Electric (NYSE:GE) and Morgan Stanley (NYSE:MS).

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Market Wrap: January 17, 2012 picture
Monday 7/25 Insider Buying Report: WAIR, JPWMonday 7/25 Insider Buying Report: WAIR, JPW
Related symbols: WAIR,JPW
Friday 7/22 Insider Buying Report: ARCCFriday 7/22 Insider Buying Report: ARCC
Related symbols: ARCC
Thursday 7/21 Insider Buying Report: KFS, OZRKThursday 7/21 Insider Buying Report: KFS, OZRK
Related symbols: KFS,OZRK
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Nasdaq 100 Movers: LVNTA, MUNasdaq 100 Movers: LVNTA, MU
Related symbols: LVNTA,MU
S&P 500 Movers: ROP, MUS&P 500 Movers: ROP, MU
Related symbols: ROP,MU
Dow Movers: CVX, DISDow Movers: CVX, DIS
Related symbols: CVX,DIS
Dow Analyst Moves: CSCODow Analyst Moves: CSCO
Related symbols: CSCO
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The Warren Buffetts Next Door
S&P 500 Analyst Moves: PXDS&P 500 Analyst Moves: PXD
Related symbols: PXD
S&P 500 Analyst Moves: GDS&P 500 Analyst Moves: GD
Related symbols: GD
Monday Sector Laggards: Oil & Gas Exploration & Production, Precious MetalsMonday Sector Laggards: Oil & Gas Exploration & Production, Precious Metals
Related symbols: AREX,CRC,GSS,THM
Monday Sector Leaders: Apparel Stores, Department StoresMonday Sector Leaders: Apparel Stores, Department Stores
Related symbols: DSW,GPS,SHLD,SPWH
Friday Sector Leaders: Trucking, Beverages & WineriesFriday Sector Leaders: Trucking, Beverages & Wineries
Related symbols: SWFT,CVTI,SAM,COKE
Monday's ETF with Unusual Volume: KIEMonday's ETF with Unusual Volume: KIE
Related symbols: KIE,GNW,MET,AGO,AFSI
Monday's ETF Movers: IYZ, GDXJMonday's ETF Movers: IYZ, GDXJ
Related symbols: S,NIHD,HMY,MUX,GDXJ,IYZ
VGK, DPK: Big ETF OutflowsVGK, DPK: Big ETF Outflows
Related symbols: VGK,DPK
Daily Dividend Report: SWK, ZION, TCP, V, TXNDaily Dividend Report: SWK, ZION, TCP, V, TXN
Related symbols: SWK,ZION,TCP,V,TXN
Daily Dividend Report: C, KO, MMP, TLLP, BLKDaily Dividend Report: C, KO, MMP, TLLP, BLK
Related symbols: C,KO,MMP,TLLP,BLK
Daily Dividend Report: MS, JCI, HPQ, WCN, EPRDaily Dividend Report: MS, JCI, HPQ, WCN, EPR
Related symbols: MS,JCI,HPQ,WCN,EPR
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
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Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
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Daily Market Wrap: January 17, 2012 | Market News Video | Copyright © 2008 - 2016, All Rights Reserved

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