Daily Market Wrap: August 24, 2012 Friday, August 24, 4:41 PM ET
The markets were back in positive territory today after Fed Chairman Ben Bernanke's comments that there is room for the central bank to take action.
On the economic front, the Commerce Department is reporting that orders for durable goods in July rose more than expected, thanks to an increase in demand for aircraft and autos.
CRM) posted a quarterly forecast which was lower than Wall Street expectations, sending shares lower today.
Fellow software maker Autodesk (NASDAQ:
ADSK) also slumped after its third quarter earnings forecast fell short of expectations.
Shares of Eli Lilly (NYSE:
LLY) are sharply higher after the company revealed some positive effects of its experimental Alzheimer's drug, even though it did not meet main trial goals.
On Monday, we'll take a look at earnings results from Tiffany(NYSE:
TIF) as well as the "Week Ahead Market Report".
For Marketnewsvideo.com, I'm Sayoko Murase.
Thursday Sector Laggards: Packaging & Containers, Education & Training Services
Related symbols: GEF, PKG, CHGG, DV
Thursday Sector Leaders: Oil & Gas Refining & Marketing, Cigarettes & Tobacco Stocks
Related symbols: PEIX, REX, XXII, BTI
Wednesday Sector Laggards: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty Stocks
Related symbols: HERO, EXXI, ROYT, BPT
Thursday's ETF with Unusual Volume: AIRR
Related symbols: AIRR, HBAN, POWR, CECE
Thursday's ETF Movers: BBH, ILF
Related symbols: PBYI, PCYC, ERJ, ITUB, ILF, BBH
XLU, LLSC: Big ETF Outflows
Related symbols: XLU, LLSC, DUK, NEE, IWM
Daily Dividend Report: GD, TYC, AMGN, DVN, PXD, HES, HRB
Related symbols: GD, TYC, AMGN, DVN, PXD, HES, HRB
Daily Dividend Report: GME, INT, HRC, CVS, USB, SPLS, SNV, CHH, CST
Related symbols: GME, INT, HRC, CVS, USB, SPLS, SNV, CHH, CST
Daily Dividend Report: MJN, ROST, GPS, WYN, DLR, ECL, PPL
Related symbols: MJN, ROST, GPS, WYN, DLR, ECL, PPL
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Daily Market Wrap: August 24, 2012
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