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Daily Market Wrap: July 26, 2012
Thursday, July 26, 3:45 PM ET

Stocks surged today on reassuring comments from Mario Draghi. The European Central Bank president said his bank will do whatever it takes to preserve the euro. Wall Street liked that and reacted with a big rally. This afternoon the Dow is up 1.6%, the S&P 500 is up 1-1/2% and the Nasdaq is rising nearly 1.1%.

Among leaders in the Dow... Home Depot (NYSE:HD), which is up 3%... Disney (NYSE:DIS) and General Electric (NYSE:GE). Shares of Sprint Nextel (NYSE:S) jumped over 20% despite reporting a bigger 2Q loss. The Wall Street Journal reported that investors were happy about a continuing turnaround at the wireless carrier.

Tomorrow morning, investors will be digesting the country's GDP data and also a report on consumer sentiment.

For Marketnewsvideo.com, I'm Kristin Bianco.

Daily Market Wrap: July 26, 2012 picture
Wednesday 10/22 Insider Buying Report: HBAN, BPFHWednesday 10/22 Insider Buying Report: HBAN, BPFH
Related symbols: HBAN,BPFH
Wednesday 10/22 Insider Buying Report: MAT, ITGWednesday 10/22 Insider Buying Report: MAT, ITG
Related symbols: MAT,ITG
Tuesday 10/21 Insider Buying Report: UFPITuesday 10/21 Insider Buying Report: UFPI
Related symbols: UFPI
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S&P 500 Movers: BIIB, BRCMS&P 500 Movers: BIIB, BRCM
Related symbols: BIIB,BRCM
Nasdaq 100 Movers: BIIB, BRCMNasdaq 100 Movers: BIIB, BRCM
Related symbols: BIIB,BRCM
Dow Movers: BA, TRVDow Movers: BA, TRV
Related symbols: BA,TRV
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Related symbols: AMG
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S&P 500 Analyst Moves: FTIS&P 500 Analyst Moves: FTI
Related symbols: FTI
S&P 500 Analyst Moves: ECLS&P 500 Analyst Moves: ECL
Related symbols: ECL
Wednesday Sector Leaders: Sporting Goods & Activities, Music & Electronics StoresWednesday Sector Leaders: Sporting Goods & Activities, Music & Electronics Stores
Related symbols: SIX,FUN,VOXX,HGG
Wednesday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production StocksWednesday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks
Related symbols: CDE,AAU,FST,GDP
Tuesday Sector Laggards: Metals & Mining, Education & Training ServicesTuesday Sector Laggards: Metals & Mining, Education & Training Services
Related symbols: RNO,SCOK,ESI,EDMC
Wednesday's ETF with Unusual Volume: PWBWednesday's ETF with Unusual Volume: PWB
Related symbols: PWB,FB,MU,MDLZ,BIIB
Wednesday's ETF Movers: IDU, GDXJWednesday's ETF Movers: IDU, GDXJ
Related symbols: NRG,CPN,EDV.CA,MUX,GDXJ,IDU
Wednesday's ETF Movers: IDU, GDXJWednesday's ETF Movers: IDU, GDXJ
Related symbols: NRG,CPN,EDV.CA,MUX,GDXJ,IDU
Daily Dividend Report: SPG, MCK, BBT, TROW, STJ, TXT, CNP, BCDaily Dividend Report: SPG, MCK, BBT, TROW, STJ, TXT, CNP, BC
Related symbols: SPG,MCK,BBT,TROW,STJ,TXT,CNP,BC
Daily Dividend Report: AAPL, ABBV, AEP, WPZ, LLY, SO, NSC, EXC, ETN, NBL, WHR, CCE, LLL, HLSDaily Dividend Report: AAPL, ABBV, AEP, WPZ, LLY, SO, NSC, EXC, ETN, NBL, WHR, CCE, LLL, HLS
Related symbols: AAPL,ABBV,AEP,WPZ,LLY,SO,NSC,EXC,ETN,NBL,WHR,CCE,LLL,HLS
Daily Dividend Report: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEEDaily Dividend Report: HAL, VFC, ERF, AMGN, NEE, MOS, SJM, SEE
Related symbols: HAL,VFC,ERF,AMGN,NEE,MOS,SJM,SEE
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
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Related symbols: BAC,AAPL,PFE,AOS,KMB,ABT,DOW,GM,MMM,AAL,DPS,LLY,LO,B,CL,PG,UPS
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Related symbols: BAC,CSX,AAPL,FB,SIRI,C,JPM,INTC,AXP,EBAY,NFLX,AMD,BHI,COF,BK,GE,MS
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Daily Market Wrap: July 26, 2012 | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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