Dubai's Financial Stability Weighs On Investors

Continued concerns about the financial stability of Dubai sent the markets down to a lower close with the Dow tumbling 104 points to 10,285. Nasdaq dropped 16 points to 2172.

On the upside

Hoku Scientific (Nasdaq: HOKU) established a schedule for Solarfun Power Holdings to pay Hoku for supplying Solarfun with polysilicon.

Pharmacyclic (Nasdaq: PCYC) reported upbeat interim results from a Phase 1 study of the company's orally administered Bruton's tyrosine kinase inhibitor PCI-32765.

Television company Belo (NYSE: BLC) said that advertising revenue should show improvement.

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