The markets closed mixed with the Dow gaining 20 points to 11,575 as December consumer confidence fell. Nasdaq slipped 4 points to 2662.
On the upside
Piper Jaffray analyst Neely Tamminga initiated coverage of ValueVision Media (Nasdaq: VVTV) with a Buy rating and a price target of $8.
China's decision to cut its rare earth exports lifted shares of Thompson Creek Metals (NYSE: TC).
Investment analyst Marc H. Gerstein said that Sirius XM (Nasdaq: SIRI) should "grow into its valuation."
On the downside
While Macau reported higher year over year arrivals in November, month to month vistors dropped weighing down shares of Las Vegas Sands (NYSE: LVS).
JPMorgan Chase (NYSE: JPM) announced that more than $907 million in securities were validly tendered.
Discovery Laboratories (Nasdaq: DSCOD) completed a 1-for-15 reverse stock split.
In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE and by more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks slipped 2 points to 789.
