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.
Tuesday Sector Laggards: Precious Metals, Metals & Mining Stocks
Related symbols: MDW, EMXX, TCK, BTU
Tuesday Sector Leaders: Music & Electronics Stores, Apparel Stores
Related symbols: CONN, GME, VNCE, ARO
Monday Sector Laggards: Precious Metals, Sporting Goods & Activities
Related symbols: TGD, BAA, WBAI, FUN
VIG, KBWC: Big ETF Outflows
Related symbols: VIG, KBWC, JNJ, QCOM
Tuesday's ETF with Unusual Volume: URTH
Related symbols: URTH, BAC, AAPL, CHTR, LRCX
Tuesday's ETF Movers: ECON, FBT
Related symbols: VIPS, BRFS, ICPT, EXAS, FBT, ECON
Daily Dividend Report: TJX, MOV, SAIC, FCH
Related symbols: TJX, MOV, SAIC, FCH
Daily Dividend Report: T, SM, MW, IMKTA, ASBI
Related symbols: T, SM, MW, IMKTA, ASBI
Daily Dividend Report: UDR, MAS, AYI, ARP, EBF
Related symbols: UDR, MAS, AYI, ARP, EBF
Weekly Market Wrap: March 27, 2015
Related symbols: BAC, AAPL, F, KRFT, BBRY
Weekly Market Wrap: March 13, 2015
Related symbols: BAC, AAPL, MSFT, FXCM
Weekly Market Wrap: March 6, 2015
Related symbols: BAC, AAPL, C, CHK, SPLS, AMGN
Week Ahead Market Report: March 30, 2015
Related symbols: AAPL, BAC, INTC, AYI, CONN, MU
Week Ahead Market Report: March 23, 2015
Related symbols: AAPL, BAC, PFE, MKC, RHT, ACN, CCL
Week Ahead Market Report: March 16, 2015
Related symbols: AAPL, BAC, F, ADBE, GIS, TIF
All videos » |
Stock market definitions »
Daily Market Wrap: February 21, 2012
| Market News Video | Copyright © 2008 - 2015, 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.