Stock:
Symbol Lookup
Register | Login My Watchlist | My Account | Logout
History
to View Your Portfolio

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 2016 the year you get RICH!

Latest Headlines

SWIFT to unveil new security plan after hackers' heistsSWIFT to unveil new security plan after hackers' heists
LONDON (Reuters) - The SWIFT secure messaging service that underpins international banking said it plans to launch a new security programme as it fights to rebuild its reputation in the wake of the Ba...
Bangladeshi probe panel's chief says SWIFT responsible for cyber theftBangladeshi probe panel's chief says SWIFT responsible for cyber theft
DHAKA (Reuters) - A Bangladesh government-appointed panel investigating the theft of $81 million from the country`s central bank has found that SWIFT, the international banking payments network, commi...
Vietnam's TPBank says thwarted cyber hacking attempt late last year Vietnam's TPBank says thwarted cyber hacking attempt late last year
HANOI (Reuters) - Vietnam`s Tien Phong Bank (TPBank) said on Sunday it had thwarted a hacking attempt in the final quarter of last year and avoided the loss of more than 1 million euros ($1.13 million...
Vietnam bank says interrupted cyber heist using SWIFT messaging Vietnam bank says interrupted cyber heist using SWIFT messaging
HANOI/BOSTON (Reuters) - Vietnam`s Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages, the same technique at the heart of February`s m...
EU member states agree roaming for NetflixEU member states agree roaming for Netflix
BRUSSELS (Reuters) - Consumers will be able to access their online subscriptions for services like Netflix , Sky and Canal+ when they travel across the European Union under proposals tentatively agree...

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.

{localized={en_US=Terry}, preferredLocale={country=US, language=en}} {localized={en_US=Scott}, preferredLocale={country=US, language=en}}

Terry Scott
CEO of StockMarketWatch

View Profile


Learn the Stock Market

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

Be a Better
Trader, Today
arrow
PreMarket PRO Our New Streaming Realtime Pre-Market Product -- Click Here to Learn More