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.
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
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Related symbols: UDR, HPE, MAA, MAS, LW
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Daily Market Wrap: January 2, 2012
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