Daily Market Wrap: August 21, 2012 Tuesday, August 21, 4:18 PM ET
Tech stocks pulled the markets lower today, just one day after Apple (AAPL) closed at an all-time high.
Shares of Facebook (NASDAQ:
FB) fell even further today after one of the company's earliest investors Peter Thiel sold a majority of his shares in the company.
His sales of more than 20 million shares took place after the lockup on insider selling came to a close.
Urban Outfitters (NASDAQ:
URBN) posted strong earnings results, beating Wall Street expectations, sending shares higher today.
The retailer also operates the Anthropologie and Free People brands.
Medical technology company Medtronic (NYSE:
MDT) missed expectations despite higher earnings. The company also backed its guidance for fiscal 2013.
Tomorrow, we'll take a look at the data for existing home sales as well as earnings results from American Eagle Outfitters (NYSE:
AEO) and Hewlett-Packard (NYSE: HP).
For MarketNewsVideo.com, I'm Sayoko Murase.
Tuesday Sector Laggards: Metals & Mining, Oil & Gas Exploration & Production Stocks
Related symbols: ACI, BTU, PGH, TPLM
Tuesday Sector Leaders: Drugs, Apparel Stores
Related symbols: TRVN, BPTH, ARO, ANF
Monday Sector Laggards: Precious Metals, Water Utilities
Related symbols: AUY, ABX, SBS, CWCO
Tuesday's ETF with Unusual Volume: GWX
Related symbols: GWX, CPG.CA, SPE.CA, CUS.CA, GXE.CA
Tuesday's ETF Movers: PCEF, XOP
Related symbols: GGM, EVV, TPLM, HK, XOP, PCEF
EWT, DUST: Big ETF Outflows
Related symbols: EWT, DUST
Daily Dividend Report: GGP, PKG, LAMR, COR, STC, GEF, SALM
Related symbols: GGP, PKG, LAMR, COR, STC, GEF, SALM
Daily Dividend Report: EXR, MBFI, WSBC, ANDE, UVE, HRS, WIBC
Related symbols: EXR, MBFI, WSBC, ANDE, UVE, HRS, WIBC
Daily Dividend Report: STT, HUM, PXD, BBEP, GME, ARP
Related symbols: STT, HUM, PXD, BBEP, GME, ARP
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Daily Market Wrap: August 21, 2012
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