Daily Market Wrap: August 20, 2012 Monday, August 20, 5:05 PM ET
U.S. stocks were little changed on Monday, after the S&P 500 Index rose to its highest level since April, as investor concern about Europe's debt crisis offset a rally.
Best Buy (NYSE:
BBY) stock was lower after its founder declined an offer from the board to conduct due diligence and appraoch shareholders with his buyout offer.
Waste Management (NYSE:
WM) fell by 3.3 percent after Barron's reported the stock may fall as much as 15 percent because of operating performance.
Corinthian Colleges (
COCO) forecast revenue in the first quarter will be no more than $405 million, missing the estimates of $406.4 million.
Apple rose by 2.5 percent to $664.10, as the stock continues to rise speculation that production has started on a smaller version of the iPad tablet and a new television product.
For MarketNewsVideo.com, I'm Tracey Fitzpatrick.
Monday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks
Related symbols: MUX, GFI, SGY, CWEI
Monday Sector Leaders: Non-Precious Metals & Non-Metallic Mining, Cigarettes & Tobacco Stocks
Related symbols: MTL, NAK, XXII, RAI
Friday Sector Laggards: Textiles, Vehicle Manufacturers
Related symbols: SKX, GIII, STS, WNC
Monday's ETF with Unusual Volume: IXUS
Related symbols: IXUS, BABA, JD, MTL, DPW
Monday's ETF Movers: IYZ, GDXJ
Related symbols: TMUS, S, MUX, DPM.CA, GDXJ, IYZ
VXUS, SSG: Big ETF Outflows
Related symbols: VXUS, SSG
Daily Dividend Report: T, VFC, MAC, C, SJM
Related symbols: T, VFC, MAC, C, SJM
Daily Dividend Report: CCI, PNW, JNJ, KO, SLB, SCHW, K, PPG, ED
Related symbols: CCI, PNW, JNJ, KO, SLB, SCHW, K, PPG, ED
Daily Dividend Report: HBAN, MMP, AVX, DD, CCL, AAL, ADS, AA
Related symbols: HBAN, MMP, AVX, DD, CCL, AAL, ADS, AA
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Daily Market Wrap: August 20, 2012
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