Losses Extended As Investors Weigh Impact Of Earthquake And Tsunami

The markets extended its losses during the midday with the Dow plummeting 119 points to 11,925 as investors weighed the impact of the devastating earthquake and tsunami in Japan. Nasdaq plunged 23 points to 2691.

On the upside

Optimism that Japan may seek alternative power sources to nuclear energy lifted shares of JA Solar Holdings (Nasdaq: JASO).

Power-One (Nasdaq: PWER) began shipping inverter products from its new manufacturing facility in Shenzhen, China.

Corinthian Colleges (Nasdaq: COCO) affirmed its earnings outlook for the third quarter despite an expected 21% to 23% drop in enrollment.

On the downside

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.