The markets recovered to close mixed with the Dow rising 9 points to 17,158 on record auto sales in 2015. Nasdaq lost 11 points to 4,891.
On the upside
General Steel Holdings (NYSE: GSI) will sell its steel manufacturing business.
Goldman Sachs upgraded First Solar (Nasdaq: FSLR) from a Neutral rating to a Buy rating.
American Electric Technologies (Nasdaq: AETI) entered a new $8.5 million credit facility.
On the downside
Vuzix (Nasdaq: VUZI) will showcase their iWear Wireless video headphones, VidWear 3000 waveguide sunglasses and M3000 monocular waveguide smart glasses at CES 2016.
Akebia Therapeutics (Nasdaq: AKBA) will sell $75 million in common stock through a public offering.
Zacks identified Avon (NYSE: AVP) as the Bear of the Day saying that the company's turnaround plan has not produced desired results.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 rose 4 points to 2,016. Bitcoin slipped $1 to $431.
