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 Laggards: Music & Electronics Stores, Auto Parts
Related symbols: VOXX, RCII, KNDI, MPAA
Friday Sector Leaders: Precious Metals, Drugs
Related symbols: THM, AG, HTBX, MNKD
Thursday Sector Laggards: Semiconductors, Application Software Stocks
Related symbols: CRUS, CYBE, MOXC, PSTG
Friday's ETF with Unusual Volume: PHO
Related symbols: PHO, RXN, DHR, AWR
Friday's ETF Movers: GDX, XLF
Related symbols: DGC.CA, AG, AFL, LM, XLF, GDX
UUP, SOCL: Big ETF Outflows
Related symbols: UUP, SOCL, GOOGL, ANGI
Daily Dividend Report: EMN, OC, PLD,RRC, AGR
Related symbols: EMN, OC, PLD, RRC, AGR
Daily Dividend Report: DIS, TD, SLG, COR, LZB, MSFT, VZ
Related symbols: DIS, TD, SLG, COR, LZB, MSFT, VZ
Daily Dividend Report: TJX, DVN, NUE, OGE, BDC
Related symbols: TJX, DVN, NUE, OGE, BDC
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Daily Market Wrap: August 24, 2012
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