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: Precious Metals, Entertainment Stocks
Related symbols: HMY, GFI, SFXE, EROS
Wednesday Sector Leaders: Defense, Drugs
Related symbols: HII, LMT, TRVN, RPTP
Tuesday Sector Laggards: Metals & Mining, Oil & Gas Exploration & Production Stocks
Related symbols: ACI, BTU, PGH, TPLM
VWO, AGND: Big ETF Outflows
Related symbols: VWO, AGND, MBT, SPP
VOO, ITF: Big ETF Inflows
Related symbols: VOO, ITF
Wednesday's ETF with Unusual Volume: FTCS
Related symbols: FTCS, CSCO, XOM, LMT, CMI
Daily Dividend Report: AVB, HOG, TSS, SNV, PNY
Related symbols: AVB, HOG, TSS, SNV, PNY
Daily Dividend Report: GGP, PKG, LAMR, COR, STC, GEF, SALM
Related symbols: GGP, PKG, LAMR, COR, STC, GEF, SALM
Daily Dividend Report: EXR, MBFI, WSBC, ANDE, UVE, HRS, WIBC
Related symbols: EXR, MBFI, WSBC, ANDE, UVE, HRS, WIBC
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Daily Market Wrap: January 2, 2012
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