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.
Nasdaq 100 Movers: GILD, TMUS
Related symbols: GILD, TMUS, MU, VRTX
S&P 500 Movers: HOG, KLAC
Related symbols: HOG, KLAC, ENDP, CF
Dow Movers: NKE, CSCO
Related symbols: NKE, CSCO, DIS, DD
Monday Sector Laggards: Drugs, Education & Training Services
Related symbols: ADMP, CORI, BPI, APEI
Monday Sector Leaders: Construction Materials & Machinery, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: USG, BLDR, CSTM, ATI
Friday Sector Laggards: Education & Training Services, Music & Electronics Stores
Related symbols: ESI, BPI, GME, RCII
Monday's ETF with Unusual Volume: PBE
Related symbols: PBE, GILD, MDVN, INO, ZIOP
Monday's ETF Movers: XME, XBI
Related symbols: ATI, CLF, XON, KERX, XBI, XME
XLF, FDM: Big ETF Outflows
Related symbols: XLF, FDM, BRK.B, JPM, CIM, HT
Daily Dividend Report: HRS, SYY, WR, SJI, FGP
Related symbols: HRS, SYY, WR, SJI, FGP
Daily Dividend Report: MO, TFSL, ACET, PXD, WM, HUM, EIX, PPL, MOS, HRB
Related symbols: MO, TFSL, ACET, PXD, WM, HUM, EIX, PPL, MOS, HRB
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Related symbols: TD, CM, DG, XEL, LZB
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Daily Market Wrap: January 2, 2012
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