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Daily Market Wrap: February 10, 2012
Friday, February 10, 3:29 PM ET

Stocks were down today as the situation worsens in Greece. A breakdown in talks dampened hopes of a bailout. And in this country, consumer sentiment was down in early February. The monthly index signaled a slowing in consumer spending, which also weighed on the averages.

By 2 pm, the Dow was down over 1%, the S&P 500 was down .9% and the Nasdaq was lower by .8%.

Among winners today, LinkedIn (NYSE:LNKD) shares were up over 17%, sparked by 4th quarter earnings per share that were almost double Wall Street's estimates.

And Cobalt International Energy (NYSE:CIE) surprised its investors with much better than expected drilling test results from of of its wells.

Among stocks not doing so well today: high fashion jean designer True Religion (TRLG) disappointed with its 4th quarter results, as did online travel company Expedia (NASDAQ:EXPD).

Amyris (NASDAQ:AMRS) shares were also down sharply as the renewable products company continues to experience weakness.

For MarketNewsVideo.com, I'm Kristin Bianco.

Daily Market Wrap: February 10, 2012 picture
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Nasdaq 100 Movers: ULTANasdaq 100 Movers: ULTA
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Thursday Sector Laggards: Cigarettes & Tobacco, Transportation ServicesThursday Sector Laggards: Cigarettes & Tobacco, Transportation Services
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Friday's ETF with Unusual Volume: LITFriday's ETF with Unusual Volume: LIT
Related symbols: LIT,TSLA,JCI,ULBI,LAC.CA
Friday's ETF Movers: XPH, GDXJFriday's ETF Movers: XPH, GDXJ
Related symbols: RLYP,XENT,SVM.CA,AR.CA,GDXJ,XPH
EWJ, VSPY: Big ETF OutflowsEWJ, VSPY: Big ETF Outflows
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Daily Dividend Report: LOW, NSA, MCD, RTN, TAP, BIGDaily Dividend Report: LOW, NSA, MCD, RTN, TAP, BIG
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Daily Dividend Report: EXR, TIF, FLO, DG, CBSDaily Dividend Report: EXR, TIF, FLO, DG, CBS
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Daily Dividend Report: OMC, BG, WRB, BLK, MCKDaily Dividend Report: OMC, BG, WRB, BLK, MCK
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Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
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Daily Market Wrap: February 10, 2012 | Market News Video | Copyright © 2008 - 2016, All Rights Reserved

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