FinancialContent is the trusted provider of stock market information to the media industry.
May 22, 2012 at 15:00 PM EDT
Markets Retreat But Trade Higher On Upbeat Home Sales

The markets retreated from early morning highs but continued to trade in positive territory during the midday with the Dow rising 37 points to 12,541 as existing homes sales advanced in April. Nasdaq added 2 points to 2849.

On the upside

Shares of Radian (NYSE: RDN) continued climbing after major shareholder Clinton Group said yesterday that a company expressed interest in acquiring the mortgage insurer.


Urban Outfitters (Nasdaq: URBN) reported lower first quarter earnings but the results topped analyst estimates.


Twice as many Business Insider readers share links every day on LinkedIn (NYSE: LNKD) rather than on Google+.


On the downside


Shares Patriot Coal (NYSE: PCX) plunged over bankruptcy concerns.


A Seeking Alpha contributor listed Seagate Technology (Nasdaq: STX) as one of five dividend stocks that are expected to double their payouts within five years but the stock price fell.

Investors locked in profits on Arch Coal (NYSE: ACI) whose stock price climbed yesterday on an analyst recommendation to buy coal stocks.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The Russell 2000 which tracks small cap stocks edged up a fraction to 765.

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