Markets Extend Losses As Jobs Creation Disappoints
The markets extended its losses during the midday with the Dow collapsing 167 points to 12,729 as employers added a mere 80,000 jobs in June. Nasdaq plummeted 50 points to 2925.
On the upside
A Seeking Alpha contributor wrote that Antares Pharma (Nasdaq: ATRS) was a long term investment.
A Seeking Alpha contributor has optimistic expectations for Xoma (Nasdaq: XOMA).
On the downside
Oppenheimer lowered its price target on EMC (NYSE: EMC) yesterday to $32 from $34.
BMO Capital Markets analyst Tim Long lowered his second quarter revenue guidance and full year earnings and revenue outlook for Riverbed Technology (Nasdaq: RVBD).
Navistar International (NYSE: NAV) will introduce its clean engine solution In-Cylinder Technology Plus but investors were concerned about the costs of the new engine.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks tumbled 10 points to 806.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
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