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: SHPG, HSIC
Related symbols: SHPG, HSIC, MU, XLNX
S&P 500 Movers: CNP, HBI
Related symbols: CNP, HBI, SLB, HSIC
Dow Movers: INTC, MRK
Related symbols: INTC, MRK, GE, VZ
Monday Sector Laggards: Precious Metals, Metals Fabrication & Products
Related symbols: AXU, TAHO, AA, AQMS
Monday Sector Leaders: Music & Electronics Stores, Gas Utilities
Related symbols: RCII, GME, SXE, FGP
Friday Sector Laggards: Paper & Forest Products, Textiles
Related symbols: CLW, MERC, SKX, ICON
Monday's ETF with Unusual Volume: FXU
Related symbols: FXU, T, CNP, VVC
Monday's ETF Movers: MLPA, XME
Related symbols: WPZ, MMP, AA, CLF, XME, MLPA
XLU, SMH: Big ETF Outflows
Related symbols: XLU, SMH, NEE, DUK, INTC, TSM
Daily Dividend Report: OKE, PH, SCHW, HUM, HON
Related symbols: OKE, PH, SCHW, HUM, HON
Daily Dividend Report: V, KMI, MS, BK, SHW
Related symbols: V, KMI, MS, BK, SHW
Daily Dividend Report: QCOM, WHR, STBA, PEG, UNM
Related symbols: QCOM, WHR, STBA, PEG, UNM
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Related symbols: BAC, MU, AAPL, SUNE, FB
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Daily Market Wrap: August 21, 2012
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