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.
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.
Friday Sector Laggards: Music & Electronics Stores, Trucking Stocks
Related symbols: GME, BBY, PTSI, KNX
Friday Sector Leaders: Railroads, Textiles
Related symbols: KSU, NSC, DECK, SHOO
Thursday Sector Laggards: Oil & Gas Exploration & Production, Transportation Services
Related symbols: SDRL, JONE, BRS, CAI
Friday's ETF with Unusual Volume: IXN
Related symbols: IXN, AMD, AAPL, SNPS, ATVI
Friday's ETF Movers: ILF, XBI
Related symbols: CIG, ITUB, BCRX, MACK, XBI, ILF
IWM, GDJJ: Big ETF Outflows
Related symbols: IWM, GDJJ, AMD, CC, GDXJ
Daily Dividend Report: NSA, BLK, RTN, ALL, SYY
Related symbols: NSA, BLK, RTN, ALL, SYY
Daily Dividend Report: RY,BG,TIF,FLO,MCD
Related symbols: RY, BG, TIF, FLO, MCD
Daily Dividend Report: KRC, MRK, CME, BDX, MAA, PF
Related symbols: KRC, MRK, CME, BDX, MAA, PF
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 - 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.