Daily Market Wrap: October 23, 2012 Tuesday, October 23, 5:04 PM ET
A handful of disappointing quarterly earnings reports sent the markets into negative territory today, as did concerns over Spain's economy.
Chemical company DuPont (
DD) missed profit expectations and slashed its earnings forecast. The company also announced 1,500 job cuts, sending shares sharply lower today.
Also among Dow components, United Technologies (NYSE:
UTX) posted higher third quarter net income and revenue, but shaved its sales forecast for the year, citing uncertainty in the global economy.
MMM) met earnings expectations but revenue fell short, sending shares lower today.
Dismal quarterly results from electronics retailer Radioshack (
RSH) are raising new concerns about the company's future. The retailer said the loss was due to weak margins in its smartphone business.
Tomorrow, we'll take a look at the numbers for weekly mortgage applications as well as earnings from AT&T (NYSE:
T) and Boeing (NYSE: BA).
For Marketnewsvideo.com, I'm Sayoko Murase.
Tuesday Sector Laggards: Non-Precious Metals & Non-Metallic Mining, Defense Stocks
Related symbols: ZEUS, CENX, AJRD, HII
Tuesday Sector Leaders: Gas Utilities, Diagnostics
Related symbols: CQH, AMGP, FMI, AMEH
Monday Sector Laggards: General Contractors & Builders, Agriculture & Farm Products
Related symbols: NWHM, LGIH, CRESY, SANW
Tuesday's ETF with Unusual Volume: SIZE
Related symbols: SIZE, AMD, GE, AIZ, TSLA
Tuesday's ETF Movers: XBI, PICK
Related symbols: SRPT, FMI, CENX, SCHN, PICK, XBI
EFA, QGBR: Big ETF Outflows
Related symbols: EFA, QGBR, NXPI, TEVA
Daily Dividend Report: SBUX, LLY, USB, CL, IEX
Related symbols: SBUX, LLY, USB, CL, IEX
Daily Dividend Report: CPT, THO, WSM, IVR, ANH
Related symbols: CPT, THO, WSM, IVR, ANH
Daily Dividend Report: VICI, WPC, ABBV, BMY, EQR
Related symbols: VICI, WPC, ABBV, BMY, EQR
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 23, 2012
| Market News Video | Copyright © 2008 - 2018, 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.