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 Leaders: Real Estate, Music & Electronics Stores
Related symbols: HGSH, CHLN, GME, RSH
Friday Sector Laggards: Agriculture & Farm Products, Trucking Stocks
Related symbols: AGRO, UAN, QLTY, SWFT
Thursday Sector Leaders: Auto Dealerships, Agriculture & Farm Products
Related symbols: CRMT, TRUE, GRO, AGRO
Friday's ETF with Unusual Volume: IAT
Related symbols: IAT, KEY, RF, SUSQ, HCBK
XLI, BZQ: Big ETF Outflows
Related symbols: XLI, BZQ, GE, UNP
TLT, MZZ: Big ETF Inflows
Related symbols: TLT, MZZ
Daily Dividend Report: SWY, HD, WM, MO, WMB
Related symbols: SWY, HD, WM, MO, WMB
Daily Dividend Report: MDT, HRB, MLM, EAT, GK
Related symbols: MDT, HRB, MLM, EAT, GK
Daily Dividend Report: CRI, GME, TER, BRCD, ORI
Related symbols: CRI, GME, TER, BRCD, ORI
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Related symbols: BAC, AAPL, CRM, NOC, JWN, JOY, CTL, WHR, GPS
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Related symbols: JCP, BAC, SIRI, AAPL, MMM, NKE, EFX, UNH, PRU
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Related symbols: AMD, DG, AAPL, DKS, HD, AEO, HP, GPS, DLTR, FL
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Related symbols: BAC, AAPL, CVC, CVS, DNB, NP, EAT, CBS, SSP
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Daily Market Wrap: August 24, 2012
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