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.
Monday Sector Laggards: Precious Metals, Sporting Goods & Activities
Related symbols: TGD, BAA, WBAI, FUN
Monday Sector Leaders: Apparel Stores, General Contractors & Builders
Related symbols: GMAN, TLYS, NWHM, WLH
Friday Sector Leaders: General Contractors & Builders, Drugs
Related symbols: LGIH, RYL, CALA, BMRN
Monday's ETF with Unusual Volume: IYE
Related symbols: IYE, CHK, XOM, UNT, WLL
Monday's ETF Movers: GXC, GDXJ
Related symbols: LEJU, EJ, TMM.CA, R.CA, GDXJ, GXC
UCO, SDP: Big ETF Outflows
Related symbols: UCO, SDP
Daily Dividend Report: T, SM, MW, IMKTA, ASBI
Related symbols: T, SM, MW, IMKTA, ASBI
Daily Dividend Report: UDR, MAS, AYI, ARP, EBF
Related symbols: UDR, MAS, AYI, ARP, EBF
Daily Dividend Report: ACN, YUM, CPB, MKC, CLC, CMC, WOR
Related symbols: ACN, YUM, CPB, MKC, CLC, CMC, WOR
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Related symbols: BAC, AAPL, F, KRFT, BBRY
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Related symbols: BAC, AAPL, MSFT, FXCM
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Related symbols: BAC, AAPL, C, CHK, SPLS, AMGN
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Related symbols: AAPL, BAC, INTC, AYI, CONN, MU
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Related symbols: AAPL, BAC, PFE, MKC, RHT, ACN, CCL
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Related symbols: AAPL, BAC, F, ADBE, GIS, TIF
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Daily Market Wrap: August 24, 2012
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