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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.

Avis (NASDAQ:CAR) announced it is acquiring Zipcar for $491.2 million, sending shares of the car sharing company up more than 48 percent this morning.

Facebook (NASDAQ: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 (FDO)

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Market Wrap: January 2, 2012 picture
Monday 6/27 Insider Buying Report: LB, FMNBMonday 6/27 Insider Buying Report: LB, FMNB
Related symbols: LB,FMNB
Friday 6/24 Insider Buying Report: JLL, SHOSFriday 6/24 Insider Buying Report: JLL, SHOS
Related symbols: JLL,SHOS
Thursday 6/23 Insider Buying Report: ESTE, KFYThursday 6/23 Insider Buying Report: ESTE, KFY
Related symbols: ESTE,KFY
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Nasdaq 100 Movers: NXPI, CMCSANasdaq 100 Movers: NXPI, CMCSA
Related symbols: NXPI,CMCSA
S&P 500 Movers: SCHW, HRLS&P 500 Movers: SCHW, HRL
Related symbols: SCHW,HRL
Dow Movers: JPM, PFEDow Movers: JPM, PFE
Related symbols: JPM,PFE
S&P 500 Analyst Moves: BDXS&P 500 Analyst Moves: BDX
Related symbols: BDX
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: SIGS&P 500 Analyst Moves: SIG
Related symbols: SIG
S&P 500 Analyst Moves: KHCS&P 500 Analyst Moves: KHC
Related symbols: KHC
Monday Sector Laggards: Shipping, Oil & Gas Exploration & Production StocksMonday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks
Related symbols: GOGL,ULTR,CIE,ORIG
Monday Sector Leaders: Water Utilities, Electric UtilitiesMonday Sector Leaders: Water Utilities, Electric Utilities
Related symbols: ARTNA,MSEX,NEE,ES
Friday Sector Laggards: Non-Precious Metals & Non-Metallic Mining, Vehicle ManufacturersFriday Sector Laggards: Non-Precious Metals & Non-Metallic Mining, Vehicle Manufacturers
Related symbols: MT,ATI,FCAU,NAV
Monday's ETF with Unusual Volume: PBWMonday's ETF with Unusual Volume: PBW
Related symbols: PBW,TSLA,SCTY,AMRS
Monday's ETF Movers: IDU, KREMonday's ETF Movers: IDU, KRE
Related symbols: NEE,AWK,FBP,SIVB,KRE,IDU
FDL, UST: Big ETF OutflowsFDL, UST: Big ETF Outflows
Related symbols: FDL,UST,T,VZ
Daily Dividend Report: MDT, DTE, T, MAS, UDR, LENDaily Dividend Report: MDT, DTE, T, MAS, UDR, LEN
Related symbols: MDT,DTE,T,MAS,UDR,LEN
Daily Dividend Report: KR, LMT, CPB, PNW, BBBYDaily Dividend Report: KR, LMT, CPB, PNW, BBBY
Related symbols: KR,LMT,CPB,PNW,BBBY
Daily Dividend Report: FULT,LLY,IEX,RL,CMCDaily Dividend Report: FULT,LLY,IEX,RL,CMC
Related symbols: FULT,LLY,IEX,RL,CMC
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
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Related symbols: BAC,AMAT,AAPL,S,SYY
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Related symbols: SUNE,BAC,CHK,GRPN,AAPL
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Related symbols: BAC,MU,AAPL,SUNE,FB
Week Ahead Market Report: June 8, 2015Week Ahead Market Report: June 8, 2015
Related symbols: BAC,FTR,AAPL,INTC,MNKD
Week Ahead Market Report: May 18, 2015Week Ahead Market Report: May 18, 2015
Related symbols: BAC,AAPL,VALE,T
Week Ahead Market Report: May 4, 2015Week Ahead Market Report: May 4, 2015
Related symbols: BAC,AAPL,MSFT,ICLD,NOK
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Daily Market Wrap: January 2, 2012 | Market News Video | Copyright © 2008 - 2016, All Rights Reserved

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