The markets turned negative during the midday with the Dow falling 51 points to 14,460 as investors digested details of the Cyprus bailout deal. Nasdaq lost 7 points to 3252.
On the upside
Japanese regulators approved the use of Stereotaxis' (Nasdaq: STXS) Niobe remote magnetic technology for cardiac ablations.
Piper Jaffray upgraded Array BioPharma (Nasdaq: ARRY) to an Overweight rating.
IAMGOLD (NYSE: IAG) adopted an advance notice by-law for director nominations.
On the downside
Alcatel-Lucent (NYSE: ALU) will introduce a new Software Defined Networking vision through a live webcast on April 2.
Raymond James downgraded Red Hat (NYSE: RHT) to a Market Perform rating.
In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 index slipped 2 points to 1554.