Daily Market Wrap: October 26, 2012 Friday, October 26, 5:02 PM ET
It was a mixed day on Wall Street, despite a better than expected economic growth report.
The Commerce Department said the country's gross domestic product grew by 2 percent from July to September, beating expectations for a growth rate of 1.9 percent.
Meanwhile, the consumer sentiment index rose to 82.6 for October, according to a reading from Thomson Reuters and the University of Michigan.
Although that number fell short of expectations, it was 5.5 points higher than last month.
Shares of Amazon (NASDAQ:
AMZN) rose as much as 5 percent after the online retailer posted a smaller operating loss than analysts had forecast.
CMCSA) reported earnings which were in line with expectations while the company managed to bear revenue forecasts.
On Monday, we'll take a look at earnings from Burger King (
BKC) and Baidu (NASDAQ: BIDU).
For Marketnewsvideo.com, I'm Sayoko Murase.
Friday Sector Laggards: Paper & Forest Products, Textiles
Related symbols: CLW, MERC, SKX, ICON
Friday Sector Leaders: Shipping, Consumer Services
Related symbols: SSW, DSX, TRU, HRB
Thursday Sector Laggards: Cigarettes & Tobacco, General Contractors & Builders
Related symbols: PM, MO, KBH, TPH
Friday's ETF with Unusual Volume: SEA
Related symbols: SEA, GLNG, SSW, TK
Friday's ETF Movers: KRE, XLP
Related symbols: OFG, ASB, CHD, KMB, XLP, KRE
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Related symbols: XLF, RUSS, BRK.B, JPM
Daily Dividend Report: V, KMI, MS, BK, SHW
Related symbols: V, KMI, MS, BK, SHW
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Related symbols: QCOM, WHR, STBA, PEG, UNM
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Related symbols: NNN, COKE, KNOP, MVC, LGI
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Daily Market Wrap: October 26, 2012
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