The broad markets jumped in a big way today, with the Dow Jones Industrials
The boost of confidence from Europe brought a systemic lift to the overall market, but the day still had its share of significant winners and losers.
The biggest disappointment today was game provider Zynga, which badly missed analyst estimates, reporting a quarterly net loss of over $22 million and reducing its 2012 outlook. The company is down 40% so far today and continues to drag Facebook
Dow Chemical also disappointed investors with its earnings this morning, giving a glimpse of the overall economy in the second quarter. With offerings in just about every sector, Dow Chemical was greatly affected by weak demand, sending net income plummeting 34%. The company is down 3.2% on the day after announcing EPS of $0.55, which missed estimates by $0.09 per share.
Cliffs Natural Resources
The energy sector is turning in a pretty solid day. Benchmark WTI oil prices are up 0.6%. In the oil services and equipment industry, National Oilwell Varco
Also rising today is InterOil
Today the ECB brought tidings of joy, declaring it will do whatever is necessary to keep the euro together. However, talk is just that -- talk -- and the debt situation is extremely precarious. The U.S. economy still has a long road of recovery ahead of it, meaning investors need to continually search for excellent investments that will provide a strong and secure return on investment. For this reason, The Motley Fool has assembled a list of nine rock-solid dividend stocks every investor needs to be familiar with. This report is absolutely free, so be sure to get your copy today!
Joel South owns shares of no company listed above. The Motley Fool owns shares of National Oilwell Varco and Facebook. Motley Fool newsletter services have recommended buying shares of National Oilwell Varco. The Motley Fool has a disclosure policy.
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