Mark Lasseigne fills you in on what's happening on Wall Street.

-The Dow Jones Industrial Average lost 16 points to 12,572.
 
-Economic data remained light. Today's only release was the June existing home sales, which dipped to the lowest level in seven months.
 
-Shares of Apple rose 3%  to 386.90, after the company more than doubled its quarterly earnings and posted surging revenue on strong iPhone and iPad sales.
 
-Yahoo! was at the opposite end of the spectrum; disappointment over the firm's financial forecast overshadowed its in-line earnings results to send the stock to a new 2011 low of $13.48.
-Oil futures end slightly higher in volatile trading after a government report showed a steep drop in U.S. oil inventories last week.
 
-Crude-oil settled higher at $98.14/barrel.