On the downsideBankrate (Nasdaq: RATE) lowered its 2nd quarter outlook and reduced its full-year estimates due to a slowdown in its display advertising business.
In the broad market, advancing issues outpaced decliners by a margin
of 2 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The
Russell 2000 which tracks small cap stocks rose 4 points to 669.