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.
Tuesday Sector Laggards: Hospital & Medical Practitioners, Precious Metals
Related symbols: QHC, CYH, GG, RIC
Tuesday Sector Leaders: Shipping, Oil & Gas Exploration & Production Stocks
Related symbols: SB, SBLK, BCEI, REN
Monday Sector Laggards: Packaging & Containers, Agriculture & Farm Products
Related symbols: SEE, WRK, TYHT, UAN
Tuesday's ETF with Unusual Volume: FIW
Related symbols: FIW, DHR, SBS, PNR, ITRI
Tuesday's ETF Movers: XOP, GDXJ
Related symbols: REN, REI, AR.CA, DPM.CA, GDXJ, XOP
PEY, RXI: Big ETF Outflows
Related symbols: PEY, RXI, SO, PPL, AMZN, HD
Daily Dividend Report: AXP, SNX, PMT, CMCO, RGCO
Related symbols: AXP, SNX, PMT, CMCO, RGCO
Daily Dividend Report: LOW, YUM, IMKTA, EBF, WMAR
Related symbols: LOW, YUM, IMKTA, EBF, WMAR
Daily Dividend Report: UDR, HPE, MAA, MAS, LW
Related symbols: UDR, HPE, MAA, MAS, LW
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: January 17, 2012
| Market News Video | Copyright © 2008 - 2017, 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.