The markets traded flat during the midday with the Dow losing 5 points to 16,201 as February consumer confidence unexpectedly slipped. Nasdaq fell 4 points to 4288.
On the upside
Zulily (Nasdaq: ZU) reported sharply higher fourth quarter earnings and revenue that surpassed analyst expectations.
Highpower International (Nasdaq: HPJ) received its first order for large format lithium batteries.
Lantronix (Nasdaq: LTRX) demonstrated its Google Analytics-connected solutions at the Embedded World 2014 show in Germany.
On the downside
SINA (Nasdaq: SINA) reported sharply higher fourth quarter earnings and revenue but concerns about slowing growth weighed down the stock.
Tenet Healthcare (NYSE: THC) fell to a loss for the fourth quarter and forecast 2014 earnings below expectations.
Fourth quarter earnings dropped for Rosetta Resources (Nasdaq: ROSE) prompting a downgrade.
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 broader S&P 500 held steady at 1847. Bitcoin lost $33.64 or 6.13% to $515.26.
