A disappointingly small gain in January retail sales weighed the markets down to a lower open with the Dow falling 54 points to 12,213. Nasdaq dropped 13 points to 2803.
On the upside
Limelight Networks (Nasdaq: LLNW) narrowed fourth quarter losses more than expected as revenue soared and the company forecast current quarter revenue ahead of estimates.
ESL Partners, the hedge fund of Sears Holdings (Nasdaq: SHLD) chairman Edward Lampert, increased its stake in Gap (NYSE: GPS) to 5.8%.