Daily Market Wrap: February 12, 2013 Tuesday, February 12, 4:35 PM ET
The markets made a recovery today, as investors are watching to see how President Obama's State of the Union address tonight will shape the markets.
The National Federation of Independent Business released data showing a slight increase in small business sentiment, which rose to 88.9 in January.
On the earnings front, Michael Kors (NYSE:
KORS) topped earnings and revenue expectations, sending shares sharply higher today. The luxury retailer also reported an increase in same-store sales.
Also among retailers, Fossil (NASDAQ:
FOSL) narrowly beat earnings expectations for its fourth quarter, thanks to sales driven by the company's growing selection of watches.
Shares of Avon (NYSE:
AVP) soared today to lead the S&P 500 after posting fourth quarter results which were better than analysts expected.
Tomorrow, we'll take a look at the numbers for weekly mortgage applications as well as earnings from Comcast (NASDAQ:
For Marketnewsvideo.com, I'm Sayoko Murase.
Tuesday Sector Laggards: General Contractors & Builders, Trucking Stocks
Related symbols: TPH, TMHC, ARCB, YRCW
Tuesday Sector Leaders: Oil & Gas Exploration & Production, Oil & Gas Equipment & Services
Related symbols: HERO, PES, CJES, BAS
Monday Sector Laggards: Metals & Mining, Electric Utilities
Related symbols: MCP, ACI, EBR, CIG
Tuesday's ETF with Unusual Volume: FTC
Related symbols: FTC, AAPL, INTC, CHRW, STX
Tuesday's ETF Movers: XOP, GXC
Related symbols: SN, BCEI, CMCM, BABA, GXC, XOP
EWH, SMDV: Big ETF Outflows
Related symbols: EWH, SMDV, ABM, AEL
Daily Dividend Report: MJN, ROST, GPS, WYN, DLR, ECL, PPL
Related symbols: MJN, ROST, GPS, WYN, DLR, ECL, PPL
Daily Dividend Report: TD, CM, CB, PLD, KSS, ESS, TMO, ACE, CI
Related symbols: TD, CM, CB, PLD, KSS, ESS, TMO, ACE, CI
Daily Dividend Report: HD, CMCSA, BMO, CTL, UFS, MLI
Related symbols: HD, CMCSA, BMO, CTL, UFS, MLI
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Daily Market Wrap: February 12, 2013
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