The disappointing market debut of social networking giant Facebook weighed the markets down to a lower close with the Dow falling 73 points to 12,369. Nasdaq dropped 34 points to 2778.
On the upside
Bargain hunters snapped up shares of Clearwire (Nasdaq: CLWR).
Beazer Homes (NYSE: BZH) formed a real estate investment trust to acquire, refurbish and lease previously-owned single-family homes.
Rising gold prices lifted shares of AngloGold Ashanti (NYSE: AU).
On the downside
Shares of JA Solar (Nasdaq: JASO) continued falling after the Commerce Department announced new tariffs yesterday on solar panel imports from China.
Mad Money's Jim Cramer rated Walter Energy (NYSE: WLT) a Sell.
In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on the NYSE and by 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 7 points to 747.
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