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.
Wednesday Sector Laggards: Precious Metals, Medical Instruments & Supplies
Related symbols: TRX, AUMN, QTNT, EW
Wednesday Sector Leaders: Trucking, Computer Peripherals
Related symbols: SAIA, ARCB, LOGI, JNPR
Tuesday Sector Laggards: Construction Materials & Machinery, General Contractors & Builders
Related symbols: MAS, MHK, SKY, MHO
Wednesday's ETF with Unusual Volume: IXC
Related symbols: IXC, CHK, PBR, MPC, SWN
Wednesday's ETF Movers: ITA, GDXJ
Related symbols: BA, DGI, ASR.CA, PG.CA, GDXJ, ITA
XLP, FAD: Big ETF Outflows
Related symbols: XLP, FAD, PG, KO, ULTA, LRCX
Daily Dividend Report: AAPL, WFC, CMCSA, SPG, MET
Related symbols: AAPL, WFC, CMCSA, SPG, MET
Daily Dividend Report: V, AEP, BRX, IBM, GM
Related symbols: V, AEP, BRX, IBM, GM
Daily Dividend Report: T, VFC, MAC, C, SJM
Related symbols: T, VFC, MAC, C, SJM
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Related symbols: BAC, AMAT, AAPL, S, SYY
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Related symbols: BAC, AAPL, MSFT, ICLD, NOK
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Daily Market Wrap: August 24, 2012
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