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 2015 the year you get RICH!

Latest Headlines

Thousands march through Rome against Renzi's labor reformThousands march through Rome against Renzi's labor reform
ROME (Reuters) - Tens of thousands of workers marched through the center of Rome on Saturday against Prime Minister Matteo Renzi`s reform of the labor market, headed by a popular union chief who is ...
Best Buy to rationalize Canadian operationsBest Buy to rationalize Canadian operations
CHICAGO (Reuters) - Best Buy Co Inc <BBY.N> is to consolidate its Canadian operations under the Best Buy brand, closing some stores but also investing $200 million in other stores and online ope...
Best Buy warns of profit hit as it consolidates Canadian storesBest Buy warns of profit hit as it consolidates Canadian stores
CHICAGO (Reuters) - Best Buy Co Inc <BBY.N> plans to close some stores and consolidate its operations in Canada, the U.S. electronics retailer`s second-largest market, in a move that will hurt...
India central bank moves to restrict bank exposure to corporate loans India central bank moves to restrict bank exposure to corporate loans
(Reuters) - The Reserve Bank of India (RBI) has proposed to lower the ceiling on how much a bank can lend to a single corporate group, in a move to curb risks in the banking sector at a time when bad ...
President Xi says China should not focus on growth rate onlyPresident Xi says China should not focus on growth rate only
BOAO, China (Reuters) - Chinese President Xi Jinping said on Saturday that the country should not focus on its economic growth rate only, reiterating China`s push for a more sustainable, higher-qualit...

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.

Algorithm Based
Trade Signals
arrow
small cap swing trades SmallCaps stocks under $10
Index Signals Index Signals SPY, QQQ, DIA, IWM
options trading Mega Stocks options + stock trade signals
AppleStock FREE AAPL Signals realtime daytrade signals