On the upside
Georgia Gulf (NYSE: GGC) amended its senior secured credit agreement while increasing and extending its accounts receivable securitization prompting an upgrade.
Olin (NYSE: OLN) said that first quarter results should be in the high range of its outlook, well above analyst expectations.
Shares of Adobe Systems (Nasdaq: ADBE) rose after the software maker posted lower sales and profits, but the results beat expectations.
Shares of Citigroup (NYSE: C) and Bank of America (NYSE: BAC) surged ahead of the Federal Reserve's interest rate decision.
ProLogis (NYSE: PLD) leased a 136,000 square feet facility in the Czech Republic to a European communications distributor.
On the downside
Shares of BlackBerry maker Research In Motion (Nasdaq: RIMM) fell after Apple (Nasdaq: AAPL) unveiled new features for programmers to create software for the iPhone.
In the broad market, declining issues outpaced advancers by a margin of nearly 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 added a fraction to 404.