Daily Market Wrap: January 2, 2012 Wednesday, January 2, 4:12 PM ET
A strong open on Wall Street on this first trading day of the year, as lawmakers reached an agreement to avert the fiscal cliff.
The Institute for Supply Management's non-manufacturing index increased to 50.7 in December, exceeding economists' expectations.
Construction spending for November fell for the first time in eight months, down 0.3 percent in November to an annual rate of $866 billion.
CAR) announced it is acquiring Zipcar for $491.2 million, sending shares of the car sharing company up more than 48 percent this morning.
FB) also rallied today after JP Morgan (NYSE: JPM) upped its price target on the company from $29 to $35.
Tomorrow, we'll take a look at the ADP employment report, chain store sales as well as earnings from Family Dollar (NYSE:
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Paper & Forest Products
Related symbols: SDRL, NADL, RFP, UFS
Wednesday Sector Leaders: Semiconductors, Computers
Related symbols: ANAD, AMBA, ANET, HILL
Tuesday Sector Leaders: Precious Metals, Manufacturing Stocks
Related symbols: SAND, SA, CRNT, WSTL
Wednesday's ETF with Unusual Volume: OEF
Related symbols: OEF, AAPL, FB, HPQ, SLB
Wednesday's ETF Movers: GXC, OIH
Related symbols: BITA, CMCM, SDRL, DO, OIH, GXC
SH, TMF: Big ETF Outflows
Related symbols: SH, TMF, TLT
Daily Dividend Report: MRK, CBS, ADI, BDC, FGP
Related symbols: MRK, CBS, ADI, BDC, FGP
Daily Dividend Report: BDX, HRL, VAL, EXR, DSW, CHS
Related symbols: BDX, HRL, VAL, EXR, DSW, CHS
Daily Dividend Report: AET, CATY, ACE, PPL, UGI, DCI, TDS, CY
Related symbols: AET, CATY, ACE, PPL, UGI, DCI, TDS, CY
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Daily Market Wrap: January 2, 2012
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