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.
Tuesday Sector Laggards: Oil & Gas Exploration & Production, Precious Metals
Related symbols: VNR, CHK, BTG, SSRI
Tuesday Sector Leaders: Airlines, Medical Instruments & Supplies
Related symbols: LUV, ASR, GI, TNDM
Monday Sector Laggards: Textiles, Education & Training Services
Related symbols: DXYN, FOSL, UTI, BPI
Tuesday's ETF with Unusual Volume: IWY
Related symbols: IWY, AAPL, GE, LUV, GILD
Tuesday's ETF Movers: ECON, XOP
Related symbols: VIPS, CTRP, CHK, RICE, XOP, ECON
HEFA, SPXE: Big ETF Outflows
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Daily Dividend Report: AXP, SNX, CLC, MA, HRL
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Daily Dividend Report: TTEC, MTN, NRZ, SM
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Daily Dividend Report: MAS, WPC, RTN, CAG, UDR
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Daily Market Wrap: August 24, 2012
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