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 Leaders: Waste Management, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: QRHC, HCCI, MTL, CENX
Tuesday Sector Laggards: Agriculture & Farm Products, Oil & Gas Exploration & Production Stocks
Related symbols: SANW, AGRO, DOM, REN
Monday Sector Leaders: Music & Electronics Stores, Entertainment Stocks
Related symbols: CONN, RCII, DWA, LGF
EWJ, GASL: Big ETF Inflows
Related symbols: EWJ, GASL, APC, APA
Tuesday's ETF with Unusual Volume: VPU
Related symbols: VPU, XEL, EXC, D, PNM
Tuesday's ETF Movers: XLU, XOP
Related symbols: D, ETR, REN, XCO, XOP, XLU
Daily Dividend Report: SNX, FCH, AGI
Related symbols: SNX, FCH, AGI
Daily Dividend Report: CLC, AYI, MORN, ARP, QRE
Related symbols: CLC, AYI, MORN, ARP, QRE
Daily Dividend Report: T, MAS, SCS, PIR, LNN, DOC
Related symbols: T, MAS, SCS, PIR, LNN, DOC
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Daily Market Wrap: August 21, 2012
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