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.
S&P 500 Movers: PAYX, FCX
Related symbols: PAYX, FCX, LEG, CTAS
Nasdaq 100 Movers: PAYX, INCY
Related symbols: PAYX, INCY, BIDU, SWKS
Dow Movers: MCD, CAT
Related symbols: MCD, CAT, NKE, AAPL
Wednesday Sector Laggards: Home Furnishings & Improvement, Music & Electronics Stores
Related symbols: TPX, SCSS, CONN, JD
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: PQ, OAS, RYI, ATUSF
Tuesday Sector Laggards: Oil & Gas Exploration & Production, Precious Metals
Related symbols: VNR, CHK, BTG, SSRI
Wednesday's ETF with Unusual Volume: FTC
Related symbols: FTC, SIRI, AMAT, INCY, PAYX
Wednesday's ETF Movers: XOP, XBI
Related symbols: OAS, DNR, EXEL, CLDX, XBI, XOP
VFH, DUST: Big ETF Outflows
Related symbols: VFH, DUST, TPL, ABR
Daily Dividend Report: OGE, GIS, MKC, MAA, WGL
Related symbols: OGE, GIS, MKC, MAA, WGL
Daily Dividend Report: AXP, SNX, CLC, MA, HRL
Related symbols: AXP, SNX, CLC, MA, HRL
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Related symbols: TTEC, MTN, NRZ, SM
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Daily Market Wrap: August 20, 2012
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