Mixed Close As Congress Wrestles With Budget

The markets closed mixed with the Dow adding 2 points to 14,450 as Congress continued to wrestle with the budget. Nasdaq fell 10 points to 3242.

On the upside

BioScrip (Nasdaq: BIOS) reported higher fourth quarter earnings and revenue that surpassed analyst expectations.

Fourth quarter earnings surged for Endeavour Silver (NYSE: EXK).

Cabela's (NYSE: CAB) expects to report first quarter earnings ahead of analyst expectations.

On the downside

Diamond Foods (Nasdaq: DMND) swung to a profit for the second quarter but the results fell short of analyst expectations.

Two founders of Yandex (Nasdaq: YNDX) sold shares in the company.

Sterne Agee downgraded EverBank (NYSE: EVER) from a Buy rating to a Neutral rating.

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on both the NYSE and on Nasdaq. The broader S&P 500 index slipped 3 points to 1552.

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