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Daily Market Wrap: August 28, 2012
Tuesday, August 28, 4:55 PM ET

It was a choppy day of trading on Wall Street as stocks traded flat amid mixed economic data.

The Conference Board is reporting an unexpected drop in consumer confidence in July to 60.6, falling short of economists' expectations.

Also on the economic front, home prices rose more than expected in June, up 0.5 percent in the 20 largest cities, according to the S&P/Case Shiller composite index.

Shares of Apple (NASDAQ:AAPL) are trading slightly lower just one day after the company's $1 billion copyright victory over Samsung. The verdict found that the Korean manufacturer had infringed on several of Apple's patents.

Lexmark (NYSE:LXK) announced it would cut nearly 13 percent of its workforce and walk away from the inkjet business and focus rather on its imaging and software businesses. Shares are trading higher on the news today.

Tomorrow, we'll take a look at the numbers for weekly mortgage applications as well as earnings results from Pandora (NYSE:P) and TiVo (NASDAQ:TIVO).

For Marketnewsvideo.com, I'm Sayoko Murase.

Daily Market Wrap: August 28, 2012 picture
Wednesday 5/24 Insider Buying Report: EML, NSWednesday 5/24 Insider Buying Report: EML, NS
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Tuesday 5/23 Insider Buying Report: PATK, DARTuesday 5/23 Insider Buying Report: PATK, DAR
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Nasdaq 100 Movers: ALXN, INTUNasdaq 100 Movers: ALXN, INTU
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S&P 500 Movers: TIF, INTUS&P 500 Movers: TIF, INTU
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Dow Movers: HD, GEDow Movers: HD, GE
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S&P 500 Analyst Moves: XYLS&P 500 Analyst Moves: XYL
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Tuesday Sector Leaders: Trucking, Non-Precious Metals & Non-Metallic Mining StocksTuesday Sector Leaders: Trucking, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: USAK,CGI,AKS,MTL
Monday Sector Laggards: Construction Materials & Machinery, Hospital & Medical PractitionersMonday Sector Laggards: Construction Materials & Machinery, Hospital & Medical Practitioners
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XLV, ULE: Big ETF OutflowsXLV, ULE: Big ETF Outflows
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FVD, HEWL: Big ETF InflowsFVD, HEWL: Big ETF Inflows
Related symbols: FVD,HEWL,NVO,MCD
Tuesday's ETF with Unusual Volume: VYMITuesday's ETF with Unusual Volume: VYMI
Related symbols: VYMI,NOK,ITUB,EBR,SBGL
Daily Dividend Report: HRL, EXR, DDS, EXP, CASHDaily Dividend Report: HRL, EXR, DDS, EXP, CASH
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Daily Dividend Report: ADC, AET, YUM, VAL, WLK, SUIDaily Dividend Report: ADC, AET, YUM, VAL, WLK, SUI
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Daily Dividend Report: DXC, HD, HAL, CCI, AVB, WY, VTRDaily Dividend Report: DXC, HD, HAL, CCI, AVB, WY, VTR
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Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
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Daily Market Wrap: August 28, 2012 | Market News Video | Copyright © 2008 - 2017, All Rights Reserved

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