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 (
For Marketnewsvideo.com, I'm Sayoko Murase.
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Vehicle Manufacturers
Related symbols: SDRL, CRK, ADOM, THO
Wednesday Sector Leaders: Textiles, General Contractors & Builders
Related symbols: RL, LAKE, SKY, TPH
Tuesday Sector Laggards: General Contractors & Builders, Music & Electronics Stores
Related symbols: SKY, TOL, CONN, BBY
Wednesday's ETF with Unusual Volume: EMGF
Related symbols: EMGF, BABA, TAL, EDU, MBT
Wednesday's ETF Movers: ITB, PICK
Related symbols: LOW, TTS, VEDL, SCHN, PICK, ITB
JNK, SMH: Big ETF Outflows
Related symbols: JNK, SMH, INTC, TSM
Daily Dividend Report: BGS, DCI, OMC, FL, MAA
Related symbols: BGS, DCI, OMC, FL, MAA
Daily Dividend Report: MRK, HRL, CLX, ESS, KSS
Related symbols: MRK, HRL, CLX, ESS, KSS
Daily Dividend Report: RYN, MNRO, AET, HAL, WLK, O
Related symbols: RYN, MNRO, AET, HAL, WLK, O
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Daily Market Wrap: January 2, 2012
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