Financial News

Markets mixed as jobless claims drop

The markets traded mixed during the midday with the Dow losing 8 points to 17,728 as jobless claims dropped and crude oil prices slipped. Nasdaq added 3 points to 5,078.


On the upside


Shares of Harvard Apparatus Regenerative Technology (Nasdaq: HART) continued to soar.


Third quarter earnings and revenue surged for Ctrip.com (Nasdaq: CTRP).


Anavex Life Sciences (Nasdaq: AVXL) will present preclinical epilepsy data for ANAVEX 2-73 at the American Epilepsy Society Annual Meeting in December.

On the downside


Bon-Ton Stores (Nasdaq: BONT) widened third quarter losses more than expected as revenue fell prompting the retailer to lower its full year forecast.


Stage Stores (NYSE: SSI) reported a greater than expected loss for the third quarter and cut its full year earnings outlook.


Universal Insurance Holdings' (NYSE: UVE) board of directors affirmed its confidence in and support of the company's management team but the stock price tumbled.


In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 3 points to 2,079. Bitcoin dropped $9 to $324.

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