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.
Monday Sector Laggards: Shipping, Oil & Gas Equipment & Services
Related symbols: GNK, NMM, ETE, WMB
Monday Sector Leaders: Precious Metals, Water Utilities
Related symbols: DRD, GSS, YORW, CTWS
Friday Sector Laggards: Application Software, Entertainment Stocks
Related symbols: DATA, LNKD, LGF, DWA
Monday's ETF with Unusual Volume: QTEC
Related symbols: QTEC, FB, MSFT, AAPL, NXPI
Monday's ETF Movers: GDXJ, XBI
Related symbols: TGZ.CA, LSG.CA, BCRX, HRTX, XBI, GDXJ
EWH, IUSB: Big ETF Outflows
Related symbols: EWH, IUSB, MPEL
Daily Dividend Report: HAS, V, O, CNA, PRE, BWP
Related symbols: HAS, V, O, CNA, PRE, BWP
Daily Dividend Report: BMS, PEP, EL, DTE, APA, KLAC, CE, FLR, ITC
Related symbols: BMS, PEP, EL, DTE, APA, KLAC, CE, FLR, ITC
Daily Dividend Report: BCE, ICE, AVB, HOG, XYL, OA, UNP, DAL, COF
Related symbols: BCE, ICE, AVB, HOG, XYL, OA, UNP, DAL, COF
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Related symbols: BAC, MU, AAPL, SUNE, FB
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Daily Market Wrap: August 24, 2012
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