On the upside
Shares of Vical (Nasdaq: VICL) gained after the company reported promising results for its cancer vaccine.
Shares of Red Hat (NYSE: RHT) rose sharply after the Linux software distributor posted higher revenues and profits that beat estimates.
Texas Industries (NYSE: TXI) posted an unexpected quarterly profit. The company produces cement in Texas and California.
On the downside
Drugstore operator Rite Aid (NYSE: RAD) posted a smaller quarterly loss, but its outlook for the rest of the year remained weak.
Shares of Chelsea Therapeutics (Nasdaq: CHTP) tumbled after the company reported disappointing results for its drug candidate that treats dizziness.
Conexant Systems (Nasdaq: CNXT) offered 7 million shares . The company makes a number of semiconductor and networking devices.
In the broad market, declining issues outpaced advancers by a narrow margin on the NYSE, but were edged out by a slim margin on Nasdaq. The Russell 2000 which tracks small cap stocks held steady at 613.