The markets retreated from early morning highs to trade lower during the midday with the Dow slipping 15 points to 15,986. Nasdaq lost 8 points to 4,535.
On the upside
RiT (Nasdaq: RITT) swung to a profit for the second quarter as revenue more than doubled.
Bill Barrett (NYSE: BBG) reaffirmed its borrowing base at $375 million and entered an agreement to sell its Uinta Basin properties for approximately $27 million.
Axcelis Technologies (Nasdaq: ACLS) received orders for its Purion M medium current implanter from three chipmakers.
On the downside
Tuesday Morning (Nasdaq: TUES) chief executive officer Michael Rouleau retired effective immediately.
Team (NYSE: TISI) warned of lower first quarter earnings and cut its full year earnings guidance.
NextEra Energy Partners (NYSE: NEP) will discuss its earnings guidance through various investor meetings.
In the broad market, declining issues outpaced advancers by a margin of 10 to 9 on the NYSE and by nearly 9 to 7 on Nasdaq. The broader S&P 500 added a point to 1,883. Bitcoin edged up to $237.
Markets slip at midday
September 29, 2015 at 13:49 PM EDT