Tech stocks pulled the markets lower today, just one day after Apple (AAPL) closed at an all-time high.
Shares of Facebook (FB) fell even further today after one of the company's earliest investors Peter Thiel sold a majority of his shares in the company.
His sales of more than 20 million shares took place after the lockup on insider selling came to a close.
Urban Outfitters (URBN) posted strong earnings results, beating Wall Street expectations, sending shares higher today.
The retailer also operates the Anthropologie and Free People brands.
Medical technology company Medtronic (MDT) missed expectations despite higher earnings. The company also backed its guidance for fiscal 2013.
Tomorrow, we'll take a look at the data for existing home sales as well as earnings results from American Eagle Outfitters (AEO) and Hewlett-Packard (HP).
For MarketNewsVideo.com, I'm Sayoko Murase.