Disappointing Jobs Data Weighs Down Markets
A disappointing job creation report sent the markets tumbling to a sharply lower open with the Dow plummeting 152 points to 12,744. Nasdaq plunged 37 points to 2938.
On the upside
Shares of Arena Pharmaceuticals (Nasdaq: ARNA) continued rising after announcing the promotion of Craig Audet yesterday to the position of Senior Vice President of Operations and Head of Global Regulatory Affairs.
US Airways (NYSE: LCC) unveiled a "30 Days for D.C." campaign to celebrate expanded service at Reagan National Airport and the addition of 100 new jobs.
ABC Mart of Japan will pay approximately $137 million to acquire LaCrosse Footwear (Nasdaq: BOOT).
On the downside
Informatica (Nasdaq: INFA) warned that second quarter earnings would fall far short of its previous guidance.
Acme Packet (Nasdaq: APKT) blamed weakness in North America for warning that second quarter results will fall short of expectations.
Investors locked in profits on Patriot Coal (NYSE: PCX).
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 1 on the NYSE and by nearly 5 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 9 points to 808.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here