Mixed Close As Trade Expansion Trimmed
The markets closed mixed with the Dow slipping 17 points to 13,579 as World Trade Organization economists trimmed their trade expansion forecasts. Nasdaq added 4 points to 3179.
On the upside
Dehaier Medical Systems (Nasdaq: DHRM) will supply air compressors and customized trolleys to a medical equipment manufacturer in Ukraine.
The Home Builders Association of Maryland named Beazer Homes' (NYSE: BZH) Greenspring at Quarry Lake in Baltimore County as Project of the Year, multiuse.
Forbes named Western Asset Mortgage Capital (NYSE: WMC) as the top dividend stock where insiders have purchased company stock within the past six months.
On the downside
MicroVision (Nasdaq: MVIS) chief financial officer Jeff Wilson resigned.
KeyBanc Capital Markets downgraded Goodyear Tire (NYSE: GT) to a Hold rating.
Wells Fargo downgraded Celanese (NYSE: CE) to a Market Perform rating.
In the broad market, advancing issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by nearly 3 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks added 4 points to 855.
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