The markets recovered earlier losses but still continued to trade in negative territory with the Dow slipping 4 points to 17,160 as crude oil prices rose. Nasdaq lost 3 points to 4,631.
On the upside
Frontline (NYSE: FRO) issued more than 10 million ordinary shares in January.
Rising crude oil prices lifted shares of Petrobras (NYSE: PBR).
Rex Energy (Nasdaq: REXX) will release fourth quarter and full year results before market open on Thursday, February 19, 2015.
On the downside
Pluristem (Nasdaq: PSTI) reported encouraging findings from a PhaseI/II clinical trial of PLacental eXpanded (PLX-PAD) in treating muscle injury after total hip anthroplasty but the stock price fell.
Niska Gas Storage (NYSE: NKA) widened losses for the third quarter and suspended distributions on its common units.
FTI Consulting (NYSE: FCN) warned that full year earnings and revenue would fall short of previous guidance.
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by 10 to 9 on Nasdaq. The broader S&P 500 added 5 points to 2000. Bitcoin slipped $3 to $222.
Markets recover losses as oil rises
February 02, 2015 at 12:49 PM EST
