Lower Close As GDP Slips
A contraction of the nation's economy in the fourth quarter weighed the markets down to a lower close with the Dow falling 44 points to 13,910. Nasdaq lost 11 points to 3142.
On the upside
Robert Half International (NYSE: RHI) reported higher fourth quarter earnings that topped analyst estimates.
Meru Networks (Nasdaq: MERU) narrowed fourth quarter losses more than expected as revenue climbed.
On the downside
Velti (Nasdaq: VELT) webcast its 2013 Analyst Day today. Profit taking sank shares of Peabody Energy (NYSE: BTU).
LDK Solar (NYSE: LDK) chief executive Xiaofeng Peng will sell 394,000 shares of com pay stock.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 index lost 5 points to 1501.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here