Lower Close As Shutdown Continues

The markets closed lower with the Dow dropping 58 points to 15,133 as the government shutdown continued. Nasdaq slipped 2 points to 3815.

On the upside

The Food and Drug Administration and the European Medicines Agency both accepted for review Omeros' (Nasdaq: OMER) Marketing Authorization Application for OMS302.

A Seeking Alpha contributor wrote that Alcatel-Lucent's (NYSE: ALU) transition to cloud based telecommunications solutions will reap benefits.

Shares of Renren (NYSE: RENN) rose over speculation that Baidu (Nasdaq: BIDU) may acquire Renren's Nuomi.com.


On the downside


Fleetmatics Group (NYSE: FLTX) entered oversold territory.

Investors locked in profits on Ion Geophysical (NYSE: IO).

Profit taking weighed down shares of China Sunergy (Nasdaq: CSUN).

In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 eased a points to 1693.

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here