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.
Dow Movers: AAPL, BA
Related symbols: AAPL, BA, GS, CSCO
S&P 500 Movers: IP, KMX
Related symbols: IP, KMX, TIF, EFX
Nasdaq 100 Movers: MAT, PAYX
Related symbols: MAT, PAYX, EA, NTES
Friday Sector Laggards: Packaging & Containers, Cigarettes & Tobacco Stocks
Related symbols: WRK, IP, XXII, UVV
Friday Sector Leaders: Defense, Precious Metals
Related symbols: AJRD, ARTX, PVG, NG
Thursday Sector Laggards: Education & Training Services, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: CHGG, LAUR, ZEUS, SID
Friday's ETF with Unusual Volume: VSS
Related symbols: VSS, AMD, NOK, PVG, BBRY
Friday's ETF Movers: GDXJ, VNQ
Related symbols: PVG, NG, OLP, HCP, VNQ, GDXJ
EWU, EUFL: Big ETF Outflows
Related symbols: EWU, EUFL
Daily Dividend Report: TXN, MCD, MAS, CAG, DRI
Related symbols: TXN, MCD, MAS, CAG, DRI
Daily Dividend Report: A, PCG, TGT, WPC, WWD
Related symbols: A, PCG, TGT, WPC, WWD
Daily Dividend Report: MSFT,FITB,CVS,MA,CUZ
Related symbols: MSFT, FITB, CVS, MA, CUZ
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Daily Market Wrap: August 20, 2012
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