Stock message boards
MNV
Market News Video
MNV MNV 10 Oversold Stocks You Need To Know About
MNV
MNV
MNV
MNV
MNV
MNV
MNV


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
MNV Backgroundemail friendsEmail Friendsembed / linkEmbed VideorssRSS Feed standaloneLaunch Standalone Player
»» Try ValueForum.com for 7 Days for 7 Dollars ««
Portfolio Channel Free Dividend Report - Top Ranked Stocks

Weekly Market Wrap: May 23, 2014
Friday, May 23, 5:53 PM ET

The twenty first trading week of 2014 comes to a close with US markets trading higher in the last hour.

Names such as Move (NASDAQ:MOVE), Nimble Storage (NYSE:NMBL), and HP (NYSE:HPQ) are leading the charge on the day's gains.

Hi. I'm Sayoko Murase. Welcome to the 'Weekly Market Wrap' for May 23, 2014.

The Dow Jones Industrial Average, S&P 500, and NASDAQ Composite are all significantly higher for the week.

Crude oil futures are higher this week, trading at $104.36 per barrel on Friday afternoon.

And Gold futures are relatively flat, trading at $1292.74 an ounce on Friday afternoon.

In economic news, in the week ending May 17, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 28,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 297,000 to 298,000. The 4-week moving average was 322,500, a decrease of 1,000 from the previous week's revised average. The previous week's average was revised up by 250 from 323,250 to 323,500.

The advance seasonally adjusted insured unemployment rate was 2.0 percent for the week ending May 10, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 10 was 2,653,000, a decrease of 13,000 from the previous week's revised level. This is the lowest level for insured unemployment since December 1, 2007 when it was 2,639,000. The previous week's level was revised down by 1,000 from 2,667,000 to 2,666,000.

Existing-home sales increased for the first time this year in April, while inventory meaningfully increased and home price growth moderated, according to the National Association of Realtors. Monthly sales gains in the West and South offset a modest decline in the Midwest while the Northeast was unchanged.

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.3 percent to a seasonally adjusted annual rate of 4.65 million in April from 4.59 million in March, but are 6.8 percent below the 4.99 million-unit level in April 2013.

Sales of new single-family houses in April 2014 were at a seasonally adjusted annual rate of 433,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.4 percent above the revised March rate of 407,000, but is 4.2 percent below the April 2013 estimate of 452,000.

The median sales price of new houses sold in April 2014 was $275,800; the average sales price was $320,100. The seasonally adjusted estimate of new houses for sale at the end of April was 192,000. This represents a supply of 5.3 months at the current sales rate.

In highlights of corporate dividend news, Comcast Corporation (NASDAQ:CMCSA) declared a quarterly dividend of $0.225 a share on the company's common stock. The quarterly dividend is payable on July 23, 2014 to shareholders of record as of the close of business on July 2, 2014.

McDonald's declared a quarterly cash dividend of $0.81 per share of common stock payable on June 16, 2014 to shareholders of record at the close of business on June 2, 2014.

JPMorgan Chase (NYSE:JPM) declared a quarterly dividend of 40 cents per share on the outstanding shares of JPMorgan Chase's common stock. The dividend is payable on July 31, 2014, to stockholders of record at the close of business on July 3, 2014.

Northrop Grumman (NYSE:NOC) declared a quarterly dividend of $0.70 per share on Northrop Grumman common stock, a 15 percent increase from the prior quarterly dividend of $0.61 per share. This is the 11th consecutive annual increase in Northrop Grumman's quarterly common stock dividend. The dividend is payable June 18, 2014, to shareholders of record as of the close of business June 2, 2014.

This is the 'Weekly Market Wrap' for Friday, May 23, 2014. Please join us on Monday for the Week Ahead Market Report.

For MarketNewsVideo.com, I'm Sayoko Murase.

Weekly Market Wrap: May 23, 2014 picture
Tuesday 9/23 Insider Buying Report: TEX, POLTuesday 9/23 Insider Buying Report: TEX, POL
Related symbols: TEX,POL
Tuesday 9/23 Insider Buying Report: AEO, FISVTuesday 9/23 Insider Buying Report: AEO, FISV
Related symbols: AEO,FISV
Monday 9/22 Insider Buying Report: NEON, VNOMonday 9/22 Insider Buying Report: NEON, VNO
Related symbols: NEON,VNO
10 Bargains You Can Buy Cheaper Than Insiders Did
Top Ranked Dividend Stocks With Insider Buying
10 Stocks Crossing Below Book Value
10 Oversold Stocks You Need To Know About
10 Stocks Crossing Above Their 200 Day Moving Average
10 Stocks Crossing Below Their 200 Day Moving Average
The 10 Most Popular Large-Caps in ETFs
The Top 10 DividendRank'ed DJIA Components
S&P 500 Movers: KMX, BTUS&P 500 Movers: KMX, BTU
Related symbols: KMX,BTU
Nasdaq 100 Movers: MYL, BIDUNasdaq 100 Movers: MYL, BIDU
Related symbols: MYL,BIDU
Dow Movers: PFE, GSDow Movers: PFE, GS
Related symbols: PFE,GS
S&P 500 Analyst Moves: IVZS&P 500 Analyst Moves: IVZ
Related symbols: IVZ
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: AXPDow Analyst Moves: AXP
Related symbols: AXP
S&P 500 Analyst Moves: SNAS&P 500 Analyst Moves: SNA
Related symbols: SNA
Tuesday Sector Leaders: Precious Metals, Advertising StocksTuesday Sector Leaders: Precious Metals, Advertising Stocks
Related symbols: GPL,GSS,MM,TRMR
Tuesday Sector Laggards: Music & Electronics Stores, Auto DealershipsTuesday Sector Laggards: Music & Electronics Stores, Auto Dealerships
Related symbols: RSH,HGG,KMX,TRUE
Monday Sector Leaders: Cigarettes & Tobacco, ChemicalsMonday Sector Leaders: Cigarettes & Tobacco, Chemicals
Related symbols: UVV,MO,SIAL,FOE
Tuesday's ETF with Unusual Volume: ARGTTuesday's ETF with Unusual Volume: ARGT
Related symbols: ARGT,MUX,PAAS,TEO
Tuesday's ETF Movers: GDXJ, ILFTuesday's ETF Movers: GDXJ, ILF
Related symbols: BAA.CA,SMC.CA,PBR.A,EC,ILF,GDXJ
IEF, CHIM: Big ETF OutflowsIEF, CHIM: Big ETF Outflows
Related symbols: IEF,CHIM
Daily Dividend Report: CPB, HRL, WSM, AP, IBOCDaily Dividend Report: CPB, HRL, WSM, AP, IBOC
Related symbols: CPB,HRL,WSM,AP,IBOC
Daily Dividend Report: MCD, TXN, WPC, IDA, ORCL, CAG, NLY, AGNC, OCDaily Dividend Report: MCD, TXN, WPC, IDA, ORCL, CAG, NLY, AGNC, OC
Related symbols: MCD,TXN,WPC,IDA,ORCL,CAG,NLY,AGNC,OC
Daily Dividend Report: COV, KR, PWE, CVA, APA, MMC, STLD, CIMDaily Dividend Report: COV, KR, PWE, CVA, APA, MMC, STLD, CIM
Related symbols: COV,KR,PWE,CVA,APA,MMC,STLD,CIM
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
Weekly Market Wrap: September 19, 2014Weekly Market Wrap: September 19, 2014
Related symbols: BABA,YHOO,RAD,ORCL,MMC,IRM,LPT,STLD
Weekly Market Wrap: September 12, 2014Weekly Market Wrap: September 12, 2014
Related symbols: S,BAC,EBAY,AAPL,YHOO,CL,TYC,PM,IP,AMAT
Weekly Market Wrap: September 5, 2014Weekly Market Wrap: September 5, 2014
Related symbols: BAC,AAPL,VALE,GILD,HES,AEO,EGAS,DOW,FDO
Week Ahead Market Report: September 22, 2014Week Ahead Market Report: September 22, 2014
Related symbols: BAC,YHOO,AAPL,BABA,VALE,BBBY,KBH,MU,BBRY
Week Ahead Market Report: September 15, 2014Week Ahead Market Report: September 15, 2014
Related symbols: BAC,YHOO,AAPL,NOK,AVNR,ADBE,LEN,CAG,ORCL
Week Ahead Market Report: September 8, 2014Week Ahead Market Report: September 8, 2014
Related symbols: BAC,YHOO,MSFT,AAPL,BKS,RH,KR,DRI
All videos » |  Stock market definitions »
Symbol Cloud:   AAPL   ABT   ADBE   ADT   AFB   AMZN   APA   APD   ARG   AWK   BAA.CA   BABA   BAC   BBRY   BTU   CAG   CAT   CHH   CLX   CRESY   CVCO   DD   DRD   DUST   EBAY   EQIX   EWC   GDX   GDXJ   GMAN   GRO   GS   GSS   HCN   HD   HGG   IBOC   IEUS   IJH   ILF   INTC   IP   IRM   KMX   KR   KRE   LEN   LPT   MA   MCD   MCP   MMC   MSFT   MT   MTL   MU   NPSP   NSRGY   OI   ORCL   PBR.A   PPP   PRU.CA   RSH   RXL   SCOK   SIAL   SLCA   SNDK   STLD   SYN   TAP   TCBI   TCK   TJX   TRMR   TRV   UNH   URI   USB   UVV   UYM   VET   VLUE   WYNN   XLB   XME   XOM   YHOO
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Message Boards Stock Market Definitions
MNV

Weekly Market Wrap: May 23, 2014 | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.