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: Oil & Gas Exploration & Production, Railroads
Related symbols: HERO, ECR, CP, GSH
Thursday Sector Leaders: Computer Peripherals, Cigarettes & Tobacco Stocks
Related symbols: RSYS, FEYE, XXII, AOI
Wednesday Sector Laggards: Oil & Gas Exploration & Production, General Contractors & Builders
Related symbols: CPG, FXEN, TOL, GRBK
Thursday's ETF with Unusual Volume: ACWV
Related symbols: ACWV, INTC, T, CMG, RRC
Thursday's ETF Movers: PJP, GXC
Related symbols: BDSI, ACT, DANG, ATHM, GXC, PJP
IWM, GDJJ: Big ETF Outflows
Related symbols: IWM, GDJJ, QRVO, ISIS, GDXJ
Daily Dividend Report: HPQ, TIF, MCK, DG, BDC, DRH
Related symbols: HPQ, TIF, MCK, DG, BDC, DRH
Daily Dividend Report: MRK, DE, ESS, STR, DSW, MOV
Related symbols: MRK, DE, ESS, STR, DSW, MOV
Daily Dividend Report: WY, FGP, FRED, BKJ
Related symbols: WY, FGP, FRED, BKJ
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Daily Market Wrap: August 24, 2012
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