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: Education & Training Services, Television & Radio Stocks
Related symbols: EDU, LINC, AMCX, SSC
Tuesday Sector Leaders: Gas Utilities, Biotechnology Stocks
Related symbols: CPK, SJI, INO, FATE
Monday Sector Laggards: Electronic Equipment & Products, Agriculture & Farm Products
Related symbols: SANM, IIVI, TYHT, CRESY
Tuesday's ETF with Unusual Volume: AGT
Related symbols: AGT, YPF, SUPV, BMA
Tuesday's ETF Movers: XBI, VOX
Related symbols: INO, RARE, GSAT, FTR, VOX, XBI
KIE, XRT: Big ETF Outflows
Related symbols: KIE, XRT, FAF, LNC, OSTK, KSS
Daily Dividend Report: KMB, WEC, PETS, BDX, WPZ, WYNN
Related symbols: KMB, WEC, PETS, BDX, WPZ, WYNN
Daily Dividend Report: AOS, EPR, C, TXN, WBA, DFS
Related symbols: AOS, EPR, C, TXN, WBA, DFS
Daily Dividend Report: MS, ED, KMI, CCL, PPG, HPE
Related symbols: MS, ED, KMI, CCL, PPG, HPE
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Daily Market Wrap: August 21, 2012
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