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.
Monday Sector Laggards: Metals & Mining, Oil & Gas Exploration & Production Stocks
Related symbols: NRP, HNRG, PVA, LGCY
Monday Sector Leaders: Trucking, Airlines
Related symbols: YRCW, SAIA, ALGT, SKYW
Friday Sector Laggards: Rental, Leasing, & Royalty, Computer Peripherals
Related symbols: PER, HGT, QLGC, QUMU
GDX, CMDT: Big ETF Outflows
Related symbols: GDX, CMDT, GG, NEM
EWJ, LABU: Big ETF Inflows
Related symbols: EWJ, LABU, XBI
Monday's ETF with Unusual Volume: PBP
Related symbols: PBP, AAPL, FTR, TSN
Daily Dividend Report: KMB, PPL, CNA, ALV, CDW, EGN, STR, BWP, MCY
Related symbols: KMB, PPL, CNA, ALV, CDW, EGN, STR, BWP, MCY
Daily Dividend Report: HON, BLK, EMC, LUV, HCN, HCP, STX, AME, ETR, HAS
Related symbols: HON, BLK, EMC, LUV, HCN, HCP, STX, AME, ETR, HAS
Daily Dividend Report: MCK, SU, CBOE, CVX, UNP, HPQ, COF, VNO, MRO, BLL
Related symbols: MCK, SU, CBOE, CVX, UNP, HPQ, COF, VNO, MRO, BLL
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Daily Market Wrap: August 21, 2012
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