Disappointing jobs data weighed the markets down during the midday with the Dow losing 30 points to 16,365. Nasdaq gained 8 points to 4360.
On the upside
xG Technology (Nasdaq: XGTI) will present at the 26th Annual ROTH Conference.
RBC Capital Markets analyst Michael Yee initiated coverage of Arrowhead Research (Nasdaq: ARWR) with an Outperform rating and a price target of $35.
Maxwell Technologies (Nasdaq: MXWL) introduced its ultracapacitor-based Engine Start Module for medium duty diesel trucks.
On the downside
Hovnanian Enterprises (NYSE: HOV) widened first quarter losses more than expected due to bad weather.
Stock holders did not approve a proposed merger agreement between Yongye International (Nasdaq: YONG) and Full Alliance International.
Endeavour International (NYSE: END) widened fourth quarter losses more than expected.
In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 edged up a point to 1874. Bitcoin slipped $7.12 or 1.07% to $655.32.
