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.
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 21, 2012
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