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 (
For Marketnewsvideo.com, I'm Sayoko Murase.
Tuesday Sector Laggards: Precious Metals, Shipping Stocks
Related symbols: TGD, THM, SSW, NM
Tuesday Sector Leaders: General Contractors & Builders, Trucking Stocks
Related symbols: BZH, TOL, USAK, PTSI
Monday Sector Laggards: Vehicle Manufacturers, Oil & Gas Refining & Marketing Stocks
Related symbols: STS, FCAU, CVI, BAK
Tuesday's ETF with Unusual Volume: DSI
Related symbols: DSI, BBY, MSFT, FLDM
Tuesday's ETF Movers: ITB, NANR
Related symbols: BZH, TOL, K.CA, CF, NANR, ITB
SPY, IBMJ: Big ETF Outflows
Related symbols: SPY, IBMJ, AAPL, MSFT
Daily Dividend Report: PCG, CBT, MRK, ALL, HRL, THG
Related symbols: PCG, CBT, MRK, ALL, HRL, THG
Daily Dividend Report: NSP, AET, YUM, CCI, SYY, ZBH, WY
Related symbols: NSP, AET, YUM, CCI, SYY, ZBH, WY
Daily Dividend Report: KRC, MPW, BRCD, CATO, HD, NEE, HAL, AVB, STT
Related symbols: KRC, MPW, BRCD, CATO, HD, NEE, HAL, AVB, STT
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Daily Market Wrap: February 12, 2013
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