Stock:
Symbol Lookup
Register | Login
...
History
...
...

Pre Market | Dow Jones | Gold | Newsletters | Learn


Stocks Fall Sharply as Weak Earnings Reports Weigh Down Sentiment

Tuesday, October 23, 2012 4:34 PM
Stocks ended sharply lower in trading today, with all three major indexes finishing near session lows. Stocks fell as investors digested some weak corporate earnings reports. Investors’ sentiment was also weighed down by concerns over Spain’s economy. The Dow Jones ended the day 1.82% lower at 13,102.53, the S&P 500 ended the day 1.44% lower at 1,413.11, and the Nasdaq ended the day 0.88% lower at 2,990.46. Energy sector led the losses in the S&P 500 in trading today, ending the day 2.29% lower. Basic Materials sector also fell sharply in trading today. The sector finished 2.03% lower. Conglomerates ended the day 2.08% lower. Financials fell 1.55% in trading today, while Industrials ended 1.05% lower in trading today. Healthcare sector ended the day 1.46% lower. Transportation was the only sector in the S&P 500 to finish the day in green. The sector rose 0.24%. Among the major gainers and losers in trading today were Monster Beverage Corp. (NASDAQ: MNST), which ended the day 10.17% lower at $41.08, Yahoo Inc. (NASDAQ: YHOO), which ended the day 5.71% higher at $16.67, Apple Inc. (NASDAQ: AAPL), which ended the day 3.26% lower at $613.36, ARM Holdings Plc (ADR) (NASDAQ: ARMH), which ended the day 10.92% higher at $31.19, DuPont (NYSE: DD), which ended the day 9.06% lower at $45.25, Coach Inc. (NYSE: COH), which ended the day 7.35% higher at $58.15, and Xerox Corp. (NYSE: XRX), which ended the day 5.12% lower at $6.67. European markets also fell sharply in trading today, with the FTSE 100 Index in London closing 1.44% lower, and the CAC 40 Index in Paris closing 2.20% lower. European markets fell on rising concerns over the Spanish economy. A report released earlier today showed that Spain’s economy contracted in the third quarter.  
PRINT

FREE Options Trading Lessons
I'll show you how to unlock HUGE Gains with Options Trading
Let's make 2014 the year you get RICH!

Latest Headlines

Abercrombie resolves CEO pay lawsuit, to tighten governanceAbercrombie resolves CEO pay lawsuit, to tighten governance
(Reuters) - Abercrombie & Fitch Co`s <ANF.N> board agreed to make governance changes to resolve a lawsuit objecting to its awarding longtime Chief Executive Officer Michael Jeffries more t...
BP asks court to remove claims administrator in Gulf spill caseBP asks court to remove claims administrator in Gulf spill case
HOUSTON (Reuters) - BP Plc <BP.L> asked a U.S. court on Tuesday to fire the court-appointed lawyer tasked with paying out compensation to people affected by the 2010 Gulf of Mexico oil spill, sa...
Shell CEO says U.S. should export oil and embrace global marketsShell CEO says U.S. should export oil and embrace global markets
WASHINGTON (Reuters) - The head of energy company Royal Dutch Shell <RDSa.L> said on Tuesday that U.S. policymakers should lift the crude oil export ban because allowing the shipments would make...
Alitalia restarts Venezuela flights after hiatus due to forex disputeAlitalia restarts Venezuela flights after hiatus due to forex dispute
CARACAS (Reuters) - Italian airline Alitalia has started to fly to Venezuela again after a near two-month halt when carriers trimmed operations following government delays in releasing ticket revenue ...
Danone names new CEO as Riboud prepares for successionDanone names new CEO as Riboud prepares for succession
PARIS (Reuters) - Danone <DANO.PA> said on Tuesday that Chairman and Chief Executive Franck Riboud would split his role after 18 years at the helm of the world`s largest yoghurt maker, which i...

Loading Headlines...
 

Stock Market

Track the stock market today with the latest news and information on all things investing! Watch your stocks perform throughout the day and watch the breaking stock market news.

Feedback | disclaimer | privacy policy

Stock Market News

The Stock Market is ever changing. Keep up on your stock market news.

Stock Market Newsletters

Read up on your favorite stock market newsletters.


Learn the Stock Market

Sharper your stock trading skills with our stock market education section.