On the downside
Northland Securities downgraded Orion Energy Systems (Nasdaq: OESX) after the energy management systems company lowered its full year outlook.
Seagate Technology (NYSE: STX) disappointed with lower fourth quarter earnings that missed expectations and forecast first quarter results that fell far short of estimates.
JP Morgan downgraded Chicago Bridge & Iron (NYSE: CBI) after the company announced that it will record a $317 million pretax charge in the second quarter.
In the broad market, advancing issues were on par with decliners on the NYSE while advancers outpaced deliners by a margin of more than 7 to 5 on Nasdaq. The Russell 2000 which tracks small cap stocks added 2 points to 664.