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stock-market-update
HOME > Markets >Stock Market Update >Dow Chemical Gains on...
Stock Market Update
Market Snapshot
Dow 12911.66 -74.85 (-0.58%)
Nasdaq 3020.11 -35.44 (-1.16%)
SP 500 1376.21 -11.36 (-0.82%)
10-yr Note +19/32 1.991
NYSE Adv 794 Dec 2212 Vol 403.5 mln
Nasdaq Adv 550 Dec 1906 Vol 952.6 mln

Industry Watch
Strong: Consumer Staples, Utilities
Weak: Financials, Technology, Energy

Moving the Market

China GDP prints 8.1%, misses 8.4% estimate

Net borrowing by Spanish banks from the European Central Bank surged to EUR228 billion in March from EUR 152 billion in February

Google, JP Morgan Chase, and Wells Fargo all top earnings estimates

CPI comes out in-line at 0.3% year over year

 Michigan Sentiment prints 75.7 (76.1 expected)

Dow Chemical Gains on Dividend Hike
13-Apr-12 14:30 ET
Dow -74.85 at 12911.66, Nasdaq -35.44 at 3020.11, S&P -11.36 at 1376.21

[BRIEFING.COM] Stocks remain off their worst levels, but have had trouble pushing too much higher as they hover near their afternoon highs. The Nasdaq continues to hold a loss of 1.1% while the S&P and Dow trade down 0.8% and 0.6% respectively.

Dow Chemical (DOW 33.39, +0.72) is outperforming today after the company announced a 28% increase to its second quarter dividend following yesterday’s close. The dividend was raised to $0.32 per share from its previous $0.25 per share.

 
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