Markets Lower On Second Day Of Shutdown

The markets recovered early morning losses but continued trading lower with the Dow dropping 67 points to 15,124 on the second day of the government shutdown. Nasdaq slipped 5 points to 3812.

On the upside

Shares of Burlington Stores (NYSE: BURL) leaped in its market debut.

Molycorp's (NYSE: MCP) Mountain Pass chloralkali plant is mechanically complete and full scale commissioning operations have begun.

Re/Max Holdings (NYSE: RMAX) stock surged on its first trading day.


On the downside


Investors locked in profits on Revolution Lighting Technologies (Nasdaq: RVLT).

GTx (Nasdaq: GTXI) will eliminate 53 jobs.

Profit taking continued to weigh down shares of LDK Solar (NYSE: LDK).

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 slipped 4 points to 1690.

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