Market Close for Thursday 08/19/10

After the close…

Following earnings and guidance we have DELL down -1.3% and HPQ down -0.6%.

Today, some ugly data sent stocks spiraling lower. However the selloff slowed when the stock market approached its monthly low.

After the close notable stocks reporting earnings are ARO, BCSI, CRM, DELL, GPS, HPQ and MRVL.

Futures are lower after hours with S&P 500 futures -2.11 points from fair value of 1074.01 and Nasdaq 100 futures -0.86 points from fair value of 1822.61.

All ten sectors were in negative territory today, led by financials (-2.4%), materials (-2.2%) and industrials (-2.1%).

Tomorrow morning, there are no economic reports scheduled to be released before the open:

Also tomorrow before the following companies expected to report earnings: ANN, COCO, HIBB, HRL, KIRK and SJM.

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