Consumer sentiment slipped to weigh the markets down during the midday with the Dow losing 42 points to 15,418. Nasdaq held steady at 3578.
On the upside
Sprint (NYSE: S) introduced its Sprint Unlimited Guarantee plan that offers unlimited voice, text and data.
Alnylam Pharmaceuticals (Nasdaq: ALNY) continued rising after reporting upbeat drug trial data yesterday.
Infosys (NYSE: INFY) reported first quarter earnings and revenue that beat analyst expectations.
On the downside
A District court sided against The Medicines Co. (Nasdaq: MDCO) in its patent suit against Teva (NYSE: TEVA).
An internal fire started aboard a Boeing (NYSE: BA) 787 Dreamliner at Heathrow airport.
Peregrine Pharmaceuticals (Nasdaq: PPHM) posted a loss for the fourth quarter.
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 5 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 index eased a point to 1673.
