January consumer prices were unchanged as lower energy costs offset rising healthcare and housing expenses. The markets closed mixed with the Dow slipping 21 points to 16,391. Nasdaq gained 16 points to 4,503.
On the upside
Shares of Celator Pharmaceuticals (Nasdaq: CPXX) continued soaring.
Prothena (Nasdaq: PRTA) reported a smaller than expected loss for the fourth quarter.
Monumental Sports & Entertainment chair and former Groupon (NYSE: GRPN) chair Ted Leonsis defended Groupon.
On the downside
Internap (Nasdaq: INAP) widened fourth quarter losses and forecast 2016 revenue below estimates.
Shares of Laredo Petroleum (NYSE: LPI) fell as crude oil prices retreated.
Moody's downgraded Encana's (NYSE: ECA) senior unsecured notes rating from Baa2 to Ba2.
In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers outpaced decliners by 5 to 4 on Nasdaq. The broader S&P 500 held steady at 1,917. Bitcoin lost $2 to $418.
