Portugal's Downgrade Sends Markets Down To Lower Close

Portugal's ratings downgrade sent the markets down to a lower close with the Dow tumbling 52 points to 10,836. Nasdaq fell 16 points to 2398.

On the upside

RADCOM (Nasdaq: RDCM) was selected by 3G mobile service provider in China to monitor the company's network.

Shares of mortgage insurers PMI Group (NYSE: PMI), Radian Group (NYSE: RDN) and MGIC Investment (NYSE: MTG) surged after Bank of America (NYSE: BA) announced a new program that will lower the principal on underwater home loans.

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