Daily Market Wrap: February 21, 2012 Tuesday, February 21, 3:51 PM ET
Investors started the day hoping for a relief rally as Greece gets a reprieve, at least for now, with a 130 billion euro bailout.
The Dow opened the day just shy of 13,000, later rising above the psychologically important level briefly, and we hadn't seen that happen in almost 4 years.
In earnings news, big box retailer Walmart (NYSE:
WMT) posted earnings that fell short of expectations, while Home Depot (NYSE: HD) beat forecasts, as homeowners spent more on renovations.
Also among Dow components, Kraft (
KFT) reported earnings that were in line with expectations and forecast earnings growth of at least 9 percent this year.
Shares of Macy's (NYSE:
M) surged after the iconic department store chain posted a 12 percent increase in quarterly earnings which topped expectations, following a strong holiday shopping season.
Tomorrow, we'll get a look at the numbers for weekly mortgage applications, as well as earnings from Dollar Tree (NASDAQ:
DLTR) and Hewlett Packard (NYSE: HPQ).
For Marketnewsvideo.com, I'm Sayoko Murase.
Monday Sector Laggards: Shipping, Oil & Gas Equipment & Services
Related symbols: GNK, NMM, ETE, WMB
Monday Sector Leaders: Precious Metals, Water Utilities
Related symbols: DRD, GSS, YORW, CTWS
Friday Sector Laggards: Application Software, Entertainment Stocks
Related symbols: DATA, LNKD, LGF, DWA
Monday's ETF with Unusual Volume: QTEC
Related symbols: QTEC, FB, MSFT, AAPL, NXPI
Monday's ETF Movers: GDXJ, XBI
Related symbols: TGZ.CA, LSG.CA, BCRX, HRTX, XBI, GDXJ
EWH, IUSB: Big ETF Outflows
Related symbols: EWH, IUSB, MPEL
Daily Dividend Report: HAS, V, O, CNA, PRE, BWP
Related symbols: HAS, V, O, CNA, PRE, BWP
Daily Dividend Report: BMS, PEP, EL, DTE, APA, KLAC, CE, FLR, ITC
Related symbols: BMS, PEP, EL, DTE, APA, KLAC, CE, FLR, ITC
Daily Dividend Report: BCE, ICE, AVB, HOG, XYL, OA, UNP, DAL, COF
Related symbols: BCE, ICE, AVB, HOG, XYL, OA, UNP, DAL, COF
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Daily Market Wrap: February 21, 2012
| Market News Video | Copyright © 2008 - 2016, 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.