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: Textiles, Water Utilities
Related symbols: DECK, HBI, SBS, PCYO
Friday Sector Leaders: Information Technology Services, Rental, Leasing, & Royalty Stocks
Related symbols: SONS, GIMO, PER, SDT
Thursday Sector Leaders: General Contractors & Builders, Education & Training Services
Related symbols: PHM, MTH, LRN, BPI
Friday's ETF Movers: GDXJ, ILF
Related symbols: EDV.CA, GBU.CA, PBR.A, BBD, ILF, GDXJ
XLF, QINC: Big ETF Outflows
Related symbols: XLF, QINC, BRK.B, WFC, O, ED
HEDJ, PSAU: Big ETF Inflows
Related symbols: HEDJ, PSAU, G, NEM
Daily Dividend Report: SPG, BRCM, HCP, FIS, XRX, DD
Related symbols: SPG, BRCM, HCP, FIS, XRX, DD
Daily Dividend Report: POT, AVB, RCI, DGX, PAG, XOM, V, MCD, HPQ, LMT, MCK
Related symbols: POT, AVB, RCI, DGX, PAG, XOM, V, MCD, HPQ, LMT, MCK
Daily Dividend Report: AAPL, WFC, IBM, EXC, BDX, JCI, NBL, GWW, PX
Related symbols: AAPL, WFC, IBM, EXC, BDX, JCI, NBL, GWW, PX
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Daily Market Wrap: August 24, 2012
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