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.
Monday Sector Leaders: Cigarettes & Tobacco, Chemicals
Related symbols: UVV, MO, SIAL, FOE
Monday Sector Laggards: Non-Precious Metals & Non-Metallic Mining, Metals & Mining Stocks
Related symbols: MTL, AXX, MCP, SCOK
Friday Sector Leaders: Transportation Services, Cigarettes & Tobacco
Related symbols: GLOG, NVGS, AOI, UVV
Monday's ETF with Unusual Volume: IXUS
Related symbols: IXUS, BBRY, MT, DPW, MTL
Monday's ETF Movers: XLB, XME
Related symbols: SIAL, IP, MCP, ANR, XME, XLB
XHB, DZK: Big ETF Outflows
Related symbols: XHB, DZK, LOW, HD, EFA
Daily Dividend Report: MCD, TXN, WPC, IDA, ORCL, CAG, NLY, AGNC, OC
Related symbols: MCD, TXN, WPC, IDA, ORCL, CAG, NLY, AGNC, OC
Daily Dividend Report: COV, KR, PWE, CVA, APA, MMC, STLD, CIM
Related symbols: COV, KR, PWE, CVA, APA, MMC, STLD, CIM
Daily Dividend Report: DX, MA, BMY, USB, CLX, FE
Related symbols: DX, MA, BMY, USB, CLX, FE
Weekly Market Wrap: September 19, 2014
Related symbols: BABA, YHOO, RAD, ORCL, MMC, IRM, LPT, STLD
Weekly Market Wrap: September 12, 2014
Related symbols: S, BAC, EBAY, AAPL, YHOO, CL, TYC, PM, IP, AMAT
Weekly Market Wrap: September 5, 2014
Related symbols: BAC, AAPL, VALE, GILD, HES, AEO, EGAS, DOW, FDO
Week Ahead Market Report: September 22, 2014
Related symbols: BAC, YHOO, AAPL, BABA, VALE, BBBY, KBH, MU, BBRY
Week Ahead Market Report: September 15, 2014
Related symbols: BAC, YHOO, AAPL, NOK, AVNR, ADBE, LEN, CAG, ORCL
Week Ahead Market Report: September 8, 2014
Related symbols: BAC, YHOO, MSFT, AAPL, BKS, RH, KR, DRI
All videos » |
Stock market definitions »
Daily Market Wrap: October 19, 2012
| Market News Video | Copyright © 2008 - 2014, 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.