Daily Market Wrap: October 19, 2012 Friday, October 19, 5:01 PM ET
Stocks are getting crushed after a slew of disappointing earnings reports. Heading into the last hour of trading, The Dow was down 1.7%, the S&P was down 1.8% and the Nasdaq was lower by 2.3%.
Investors worried after McDonalds (NYSE:
MCD), General Electric (NYSE: GE) and Microsoft (NASDAQ: MSFT) posted lower than expected quarterly results.
Microsoft's profit sank on a drop in PC sales. McDonald's earnings were hurt by a strong dollar and GE came in with lower than expected revenue.
In other news, purchases of existing homes fell 1.7% in September, which was pretty much as expected.
For Marketnewsvideo.com, I'm Kristin Bianco.
Dow Movers: MMM, PFE
Related symbols: MMM, PFE, AAPL, MCD
S&P 500 Movers: WDC, ROP
Related symbols: WDC, ROP, GIS, AYI
Nasdaq 100 Movers: WDC, CTRP
Related symbols: WDC, CTRP, ADBE, MYL
Wednesday Sector Laggards: Music & Electronics Stores, Semiconductors
Related symbols: RCII, SYX, SPWR, ASYS
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Education & Training Services
Related symbols: SDRL, MCF, APEI, ATGE
Tuesday Sector Laggards: Hospital & Medical Practitioners, Education & Training Services
Related symbols: EVHC, KND, ATGE, LAUR
Wednesday's ETF with Unusual Volume: FNX
Related symbols: FNX, BBBY, RIG, ALNY
Wednesday's ETF Movers: XOP, SOXX
Related symbols: QEP, DNR, SWKS, CAVM, SOXX, XOP
SPY, GUSH: Big ETF Outflows
Related symbols: SPY, GUSH, AAPL, MSFT
Daily Dividend Report: MSFT,FITB,CVS,MA,CUZ
Related symbols: MSFT, FITB, CVS, MA, CUZ
Daily Dividend Report: USB,UMPQ,HST,PNR,MMC
Related symbols: USB, UMPQ, HST, PNR, MMC
Daily Dividend Report: EQR, BXP, RL, PEGA, WSM
Related symbols: EQR, BXP, RL, PEGA, WSM
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Daily Market Wrap: October 19, 2012
| Market News Video | Copyright © 2008 - 2017, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.