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.
Monday Sector Laggards: Construction Materials & Machinery, Hospital & Medical Practitioners
Related symbols: FRTA, HBP, QHC, GEN
Monday Sector Leaders: Aerospace & Defense, Precious Metals
Related symbols: CVU, ERJ, ALO, AXU
Friday Sector Laggards: Apparel Stores, Waste Management Stocks
Related symbols: FL, GCO, WM, RSG
Monday's ETF with Unusual Volume: VYMI
Related symbols: VYMI, PBR, ABEV, SBGL, EBR
Monday's ETF Movers: GDX, ILF
Related symbols: SBGL, OR, CIG, BBD, ILF, GDX
DVY, BKF: Big ETF Outflows
Related symbols: DVY, BKF, LMT, CME, BABA, BIDU
Daily Dividend Report: ADC, AET, YUM, VAL, WLK, SUI
Related symbols: ADC, AET, YUM, VAL, WLK, SUI
Daily Dividend Report: DXC, HD, HAL, CCI, AVB, WY, VTR
Related symbols: DXC, HD, HAL, CCI, AVB, WY, VTR
Daily Dividend Report: CB, MMC, LUV, KEY, LII, TMO, A, HPQ, DPS
Related symbols: CB, MMC, LUV, KEY, LII, TMO, A, HPQ, DPS
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Daily Market Wrap: January 2, 2012
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