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.
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: January 17, 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.