The markets closed mixed with the Dow rising 33 points to 12,529 as investors weighed the impact of a shrinking manufacturing sector in China against retreating crude oil prices. Nasdaq lost 10 points to 2839.
On the upside
First quarter earnings slipped for Flower Foods (FLO) as expenses climbed but revenue rose to top analyst expectations and the bakery products company forecast full year earnings ahead of estimates.
Stockpickr noted that Vermillion (VRML) was one of seven stocks under $10 that surged higher.
STR Holdings (STRI) shareholders appointed PricewaterhouseCoopers to be the company's independent registered public accounting firm and elected nine individuals to the Board of Directors.
On the downside
Greenlight Capital sold its holdings in OmniVision Technologies (OVTI).
LDK Solar (LDK) affirmed its commitment to delivering high quality products at competitive prices despite being subject to a preliminary antidumping tariff rate of 31.18% in the United States.
Monro Muffler Brake (MNRO) reported higher fourth quarter earnings and revenue but the automotive repair company forecast first quarter results that fell short of analyst expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by a nearly 10 to 9 on Nasdaq. The Russell 2000 which tracks small cap stocks edged up a point to 766.
|Tue, May 21, 2013|
|06:26 PM||Dow Rises To Another Record|
|01:34 PM||Markets Advance Ahead Of Bernanke Testimony|
|10:43 AM||Mixed Open Ahead Of Apple's Testimony|
|Mon, May 20, 2013|
|06:07 PM||Investors Lock In Profits|
|03:00 PM||Profit Taking Weighs Down Markets|
|10:42 AM||Mixed Open After Records Last Week|
|Fri, May 17, 2013|
|06:22 PM||Records For Fourth Consecutive Week|
|03:02 PM||Markets Rise As Consumer Sentiment Climbs|
|10:42 AM||High Open As Consumer Sentiment Climbs|
|Thu, May 16, 2013|
|06:29 PM||Economic Data Weighs Down Markets|
|02:20 PM||Markets Rise On Upbeat Earnings|
|10:42 AM||Mixed Open As Jobless Claims Rise|
|Wed, May 15, 2013|
|06:43 PM||Record Dow Close Again|
|01:23 PM||Rise In Homebuilder Confidence Lifts Markets|
|11:30 AM||Lower Open As Factory Output Drops|
|Tue, May 14, 2013|
|06:27 PM||Another Dow Record As Investor Confidence Grows|
|01:03 PM||Investor Optimism Lifts Markets|
|10:42 AM||Higher Open On Lower Import Prices|
|Mon, May 13, 2013|
|06:07 PM||Mixed Close Over Stimulus Concerns|
|01:34 PM||Markets Mixed As Retail Sales Rise|
|10:43 AM||Stimulus May End, Markets Open Lower|
|Fri, May 10, 2013|
|06:31 PM||Another Winning Week|
|02:06 PM||Mixed Markets As Investors Monitor Global Developments|
|11:33 AM||Mixed Open After Record Week|
|Thu, May 09, 2013|
|06:01 PM||Markets Retreat From Record Highs|
|03:13 PM||Markets Rise As Jobless Claims Drop|
|10:42 AM||Markets Retreat After Yesterday's Record Close|
|Wed, May 08, 2013|
|06:08 PM||Upbeat Earnings Boost Markets To Another Record|
|01:46 PM||Dow Advances Further Into Record Territory|
|10:42 AM||Mixed Open After Record Close Yesterday|
|More News From MarketMinute.com Market Updates|