{"id":13578,"date":"2011-10-19T19:15:00","date_gmt":"2011-10-19T19:15:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-end-lower-on-feds-assessment-of-the-economy-apple-earnings\/13577\/"},"modified":"2011-10-19T19:15:00","modified_gmt":"2011-10-19T19:15:00","slug":"stocks-end-lower-on-feds-assessment-of-the-economy-apple-earnings","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-end-lower-on-feds-assessment-of-the-economy-apple-earnings\/13578\/","title":{"rendered":"Stocks End Lower on Fed\u2019s Assessment of the Economy, Apple Earnings"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><br \/>\n<!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p>Stocks ended lower in trading today after the Federal Reserve provided a downbeat assessment of the U.S. economy in its beige book. Investors\u2019 sentiment was also weighed down by weaker than expected quarterly results from technology giant Apple Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=aapl\">NASDAQ: AAPL<\/a>). Meanwhile, investors continued to monitor the developments in the euro zone.<\/p>\n<p><span id=\"more-13578\"><\/span><\/p>\n<p>The <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a> ended the day 0.63% lower at 11,504.62, the <a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a> ended the day 1.26% lower at 1,209.88, and the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> ended the day 2.01% lower at 2,604.04.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>Basic Materials stocks led the losses in the S&amp;P 500 in trading today. Basic Materials stocks ended the day 3.30% lower. Technology stocks were dragged lower by Apple. Technology stocks ended the day 2.20% lower. Energy stocks ended the day 1.26% lower, while Industrials ended the day 1.33% lower. Financials ended the day 1.48% lower.<\/p>\n<p>Among the major losers in trading today were Apple, which ended the day 5.59% lower at $398.62, Wynn Resorts Limited (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=wynn\">NASDAQ: WYNN<\/a>), which ended the day 5.36% lower at $130.27, Western Digital Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=wdc\">NYSE: WDC<\/a>), which ended the day 9.28% lower at $24.44, and Checkpoint Systems Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ckp\">NYSE: CKP<\/a>), which ended the day 21.46% lower at $11.31.<\/p>\n<p>Among the major gainers in trading today were Abbott Laboratories (<a href=\"https:\/\/thestockmarketwatch.com\/markets\/nyse\/today.aspx\">NYSE<\/a>: ABT), which ended the day 1.54% higher at $53.25, Morgan Stanley (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ms\">NYSE: MS<\/a>), which ended the day 0.06% higher at $16.64, and Intel Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">NASDAQ<\/a>: INTC), which ended the day 3.59% higher at $24.24.<\/p>\n<p>Earlier today, European markets ended mostly higher, with the FTSE 100 Index in London closing 0.74% higher at 5,450.49 and the CAC 40 Index in Paris closing 0.52% higher at 3,157.34. In Asia, the Hang Seng Index closed 1.29% higher at 18,309.22 higher, while the Shanghai Composite Index closed 0.23% lower.<\/p>\n<p>&nbsp;<\/p>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stocks ended lower in trading today after the Federal Reserve provided a downbeat assessment of the U.S. economy in its 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