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: Hospital & Medical Practitioners, Education & Training Services
Related symbols: EVHC, KND, ATGE, LAUR
Tuesday Sector Leaders: Agriculture & Farm Products, Rental, Leasing, & Royalty Stocks
Related symbols: UAN, LUK, ACTG, NTIP
Monday Sector Laggards: Precious Metals, Hospital & Medical Practitioners
Related symbols: USAS, GMO, THC, KND
Tuesday's ETF with Unusual Volume: FRI
Related symbols: FRI, INVH, SRC, NXRT, WPG
Tuesday's ETF Movers: VOX, IHF
Related symbols: S, PDVW, EVHC, KND, IHF, VOX
XLU, GNRX: Big ETF Outflows
Related symbols: XLU, GNRX, NEE, DUK, Q, MYL
Daily Dividend Report: USB,UMPQ,HST,PNR,MMC
Related symbols: USB, UMPQ, HST, PNR, MMC
Daily Dividend Report: EQR, BXP, RL, PEGA, WSM
Related symbols: EQR, BXP, RL, PEGA, WSM
Daily Dividend Report: IDCC, ORCL, TJX, AVB, NUE
Related symbols: IDCC, ORCL, TJX, AVB, NUE
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Daily Market Wrap: February 12, 2013
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