Mixed markets as retail sales edge up

The markets traded mixed during the midday with the Dow slipping 18 points to 17,634 while Nasdaq added 3 points to 4,683 as retail sales edged up 0.3% in October.

On the upside

Shares of Virgin America (Nasdaq: VA) surged in its market debut.

FibroGen (Nasdaq: FGEN) stock soared on its first trading day.

HSBC Securities upgraded Iamgold (NYSE: IAG) from a Neutral rating to an Overweight rating.

On the downside

Abengoa (Nasdaq: ABGB) fell to a loss for the nine month period ended September 30, 2014.

Nokia (NYSE: NOK) raised its long-term networks operating margin from a 5% to 10% range to an 8% to 11% percent but the stock price fell.

Movado Group (NYSE: MOV) warned of lower third quarter revenue and earnings and cut its full year guidance.

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 a margin of 10 to 9 on Nasdaq. The broader S&P 500 eased a fraction to 2038. Bitcoin lost $21 to $393.
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