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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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Monday's ETF with Unusual Volume: PTFMonday's ETF with Unusual Volume: PTF
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JNK, HJPX: Big ETF OutflowsJNK, HJPX: Big ETF Outflows
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Daily Dividend Report: KRC, MPW, BRCD, CATO, HD, NEE, HAL, AVB, STTDaily Dividend Report: KRC, MPW, BRCD, CATO, HD, NEE, HAL, AVB, STT
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Daily Dividend Report: CB, MMC, KEY, MO, TMO, A, APDDaily Dividend Report: CB, MMC, KEY, MO, TMO, A, APD
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Daily Market Wrap: February 10, 2012 | Market News Video | Copyright © 2008 - 2016, All Rights Reserved

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