FinancialContent is the trusted provider of stock market information to the media industry.
April 13, 2012 at 17:56 PM EDT
Sharply Lower Close On Slowing Economic Growth In China

Slowing economic growth in China triggered global economic concerns sending the markets tumbling to a sharply lower close with the Dow slumping 136 points to 12,849. Nasdaq plummeted 44 points to 3011.

On the upside

Sunesis Pharmaceuticals (Nasdaq: SNSS) will present at the 19th Annual Future Leaders in the Biotech Industry Conference on Friday, April 20 in New York.

Shares of Renren (NYSE: RENN) continued climbing on news that "Angry Birds" creator Rovio was exploring new methods of distributing mobile games in China.

Lender Processing Services (NYSE: LPS) will report first quarter results on Thursday, May 3.

On the downside

An appeals court threw out a verdict in Pendrell's favor (Nasdaq: PCO) in its lawsuit against Boeing.

The arrest of former Mongolian president Enkhbayar Nambar weighed down shares of Ivanhoe Mines (NYSE: TLB) which has mining operations in Mongolia.

Infosys Technologies' (NYSE: INFY) earnings warning weighed down shares of rival Indian outsourcing firm Wipro (NYSE: WIT).

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on the NYSE and by more than 7 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks plunged 12 points to 796.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here
Financial Widgets

Display market data, financial news or stock quotes - Learn More

Advertising Network

Advertise on FinancialContent's huge network - Learn More

Web Services

Power your internet and wireless applications - Learn More