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.
Friday Sector Laggards: Precious Metals, Oil & Gas Equipment & Services
Related symbols: KLDX, AXU, HOS, ICD
Friday Sector Leaders: Textiles, Apparel Stores
Related symbols: SKX, CROX, GCO, CHS
Thursday Sector Laggards: Airlines, Cigarettes & Tobacco Stocks
Related symbols: UAL, SAVE, PM, AOI
Friday's ETF with Unusual Volume: SDIV
Related symbols: SDIV, VER, NLY, RESI, NAT
Friday's ETF Movers: IHF, GDXJ
Related symbols: THC, CYH, KLDX, MUX, GDXJ, IHF
FDT, FDTS: Big ETF Outflows
Related symbols: FDT, FDTS, KT
Daily Dividend Report: HBAN, IDA, SXT, AVX, SLB, SCHW, PPG, ED, DFS
Related symbols: HBAN, IDA, SXT, AVX, SLB, SCHW, PPG, ED, DFS
Daily Dividend Report: CCI, CCL, RCI, MMP, JNJ, KO, KMI, SHW
Related symbols: CCI, CCL, RCI, MMP, JNJ, KO, KMI, SHW
Daily Dividend Report: C, NTRS, XRX, NRG, BCO, CDR, HOPE
Related symbols: C, NTRS, XRX, NRG, BCO, CDR, HOPE
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Daily Market Wrap: August 24, 2012
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