The markets traded mixed during the midday with the Dow losing 16 points to 12,838 as investors weighed J. P. Morgan's $2 billion loss against rising consumer sentiment. Nasdaq rose 10 points to 2944.
On the upside
Dillard's (DDS) reported higher first quarter earnings that beat analyst expectations as revenue climbed.
Shares of Ignite Restaurant (IRG) soared in its market debut.
Keryx Biopharmaceuticals (KERX) will present at the 11th Annual JMP Securities Research Conference next Tuesday, May 15.
On the downside
The Food and Drug Administration is inspecting Alere's (ALR) San Diego facility that makes the Alere Triage products.
Career Education (CECO) reported sharply lower first quarter earnings as new student enrollment dropped.
A123 Systems (AONE) warned that it will report a loss of $125 million for the first quarter due to a battery recall.
In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE and by nearly 5 to 4 on Nasdaq. The Russell 2000 which tracks small cap stocks eased a fraction to 791.
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|10:41 AM||Lower Open As Chinese Factory Activity Drops|
|Wed, May 22, 2013|
|07:07 PM||Sharply Lower Close On Disappointing Earnings|
|03:07 PM||Markets Retreat To Trade Mixed|
|10:42 AM||Fed To Continue Stimulus Program, Markets Soar|
|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|
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