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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 (NYSE: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.

3M (NYSE: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.

Daily Market Wrap: October 23, 2012 picture
Monday 5/4 Insider Buying Report: APD, WBAMonday 5/4 Insider Buying Report: APD, WBA
Related symbols: APD,WBA
Friday 5/1 Insider Buying Report: ASPS, CLFDFriday 5/1 Insider Buying Report: ASPS, CLFD
Related symbols: ASPS,CLFD
Friday 5/1 Insider Buying Report: MJN, CZNCFriday 5/1 Insider Buying Report: MJN, CZNC
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S&P 500 Movers: DO, CTSHS&P 500 Movers: DO, CTSH
Related symbols: DO,CTSH
Nasdaq 100 Movers: GMCR, CTSHNasdaq 100 Movers: GMCR, CTSH
Related symbols: GMCR,CTSH
Dow Movers: BA, UTXDow Movers: BA, UTX
Related symbols: BA,UTX
S&P 500 Analyst Moves: MUS&P 500 Analyst Moves: MU
Related symbols: MU
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Dow Analyst Moves: VDow Analyst Moves: V
Related symbols: V
S&P 500 Analyst Moves: AMGS&P 500 Analyst Moves: AMG
Related symbols: AMG
Monday Sector Laggards: Oil & Gas Refining & Marketing, General Contractors & BuildersMonday Sector Laggards: Oil & Gas Refining & Marketing, General Contractors & Builders
Related symbols: CLNE,SHI,TMHC,WCIC
Monday Sector Leaders: Agriculture & Farm Products, Biotechnology StocksMonday Sector Leaders: Agriculture & Farm Products, Biotechnology Stocks
Related symbols: GRO,AGRO,AST,ARRY
Friday Sector Laggards: Advertising, Auto PartsFriday Sector Laggards: Advertising, Auto Parts
Related symbols: SZMK,HHS,CTB,MPAA
Monday's ETF with Unusual Volume: PBSMonday's ETF with Unusual Volume: PBS
Related symbols: PBS,SIRI,FB,AMCX,GRUB
Monday's ETF Movers: GDXJ, XOPMonday's ETF Movers: GDXJ, XOP
Related symbols: BCM.CA,PRU.CA,CLNE,CRC,XOP,GDXJ
SPY, UCD: Big ETF OutflowsSPY, UCD: Big ETF Outflows
Related symbols: SPY,UCD,AAPL,MSFT
Daily Dividend Report: EOG, YUM, GG, EFX, CCE, UHS, PII, RDaily Dividend Report: EOG, YUM, GG, EFX, CCE, UHS, PII, R
Related symbols: EOG,YUM,GG,EFX,CCE,UHS,PII,R
Daily Dividend Report: LM, KO, GILD, AIG, VFC, PAYXDaily Dividend Report: LM, KO, GILD, AIG, VFC, PAYX
Related symbols: LM,KO,GILD,AIG,VFC,PAYX
Daily Dividend Report: CVX, KMB, VLO, GLW, MRO, C, COFDaily Dividend Report: CVX, KMB, VLO, GLW, MRO, C, COF
Related symbols: CVX,KMB,VLO,GLW,MRO,C,COF
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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Week Ahead Market Report: April 6, 2015Week Ahead Market Report: April 6, 2015
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Daily Market Wrap: October 23, 2012 | Market News Video | Copyright © 2008 - 2015, All Rights Reserved

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