The markets traded mixed during the midday with the Dow slipping 9 points to 17,769 as investors pressed the pause button after two days of triple digit gains. Nasdaq rose 7 points to 4,755.
On the upside
Shares of Juno Therapeutics (Nasdaq: JUNO) surged in its market debut.
Herzfeld Caribbean Basin Fund (Nasdaq: CUBA) extended its gains.
Aratana Therapeutics (Nasdaq: PETX) reported positive results from a pivotal study of AT-001 in treating osteoarthritis pain in dogs.
On the downside
NQ Mobile (NYSE: NQ) widened losses for the third quarter and announced plans to sell its FL Mobile business to Tack Fiori International.
Slow growth in Nike's (NYSE: NKE) global futures orders weighed down share of Foot Locker (NYSE: FL).
Investors locked in profits on Bellicum Pharmaceuticals (Nasdaq: BLCM).
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 added 2 points to 2064. Bitcoin added $2 to $316.
Mixed markets as investors press pause
December 19, 2014 at 13:12 PM EST