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.
Nasdaq 100 Movers: ROST, BMRN
Related symbols: ROST, BMRN, ADSk, AAL
S&P 500 Movers: GPS, FL
Related symbols: GPS, FL, LUK, DGX
Dow Movers: CVX, DIS
Related symbols: CVX, DIS, XOM, UNH
Friday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks
Related symbols: EGY, PES, CVRR, CLNE
Friday Sector Leaders: Airlines, General Contractors & Builders
Related symbols: SAVE, ALK, LEN, HOV
Thursday Sector Laggards: Agriculture & Farm Products, Music & Electronics Stores
Related symbols: LUK, SANW, BBY, RCII
Friday's ETF with Unusual Volume: EPS
Related symbols: EPS, MU, GE, DGX, GPS
Friday's ETF Movers: ITB, OIH
Related symbols: LEN, HOV, NBR, WFT, OIH, ITB
RSX, UDN: Big ETF Outflows
Related symbols: RSX, UDN, MBT, YNDX
Daily Dividend Report: DXC, AMT, SYY, EXR, MCD
Related symbols: DXC, AMT, SYY, EXR, MCD
Daily Dividend Report: TIF, TD, BG, TMO, BLK
Related symbols: TIF, TD, BG, TMO, BLK
Daily Dividend Report: BGS, DCI, OMC, FL, MAA
Related symbols: BGS, DCI, OMC, FL, MAA
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Daily Market Wrap: August 21, 2012
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