শনিবার, ২৫ মে, ২০১৩

Stocks Ease Back Toward Lows; Intuitive Surgical ... - Investors.com

Stocks whittled away at moderate earnings losses late Friday morning. Trade remained quiet and sharply lower vs. day-ago levels .

The Nasdaq and the S&P 500 were down less than 0.4% apiece. The Dow Jones industrial average was camped out at a 0.2% loss.

Declines were broad in the http://www.investors.com/stock-market-today, with nine in 10 of the 197 industries tracked by IBD posting losses in morning trade.

In stocks, Infoblox (BLOX) continued to stake out some of the morning's high ground, up 12% after delivering its fiscal third-quarter results.

Retailers Sears Holdings (SHLD) and Abercrombie & Fitch (ANF) were among the morning's hardest hit, down more than 15% and 10%, respectively.

Intuitive Surgical (ISRG) climbed 5% in heavy trade. A Washington state jury on Thursday cleared the company of charges that it had been negligent in the training of a physician later linked to a patient's death. The company faces 26 additional suits tied to injuries allegedly linked to its robotic surgical systems.

The stock has been trading along the bottom of a consolidation begun in February. Friday's move regained support at the stock's 10-week moving average, but left shares still facing resistance at the 40-week line.

Titan Machinery (TITN) tanked 9% in huge trade after lowering its first quarter guidance and Robert W. Baird downgraded the stock to neutral from outperform. Shares of the retailer of farm and construction equipment have been unraveling since February, and are now deep below critical levels of support.

Overseas, Europe's markets whittled away at their losses as they rolled toward their close. The CAC-40 in Paris was off 0.1%, Frankfurt's DAX was down 0.3% and the FTSE 100 in London had slipped 0.5%.

Source: http://news.investors.com/investing-stock-market-today/052413-657621-stocks-make-early-lows-stock-market-today.htm

clive davis nba trade thomas robinson nba trades ign Xbox 720 HTC One

কোন মন্তব্য নেই:

একটি মন্তব্য পোস্ট করুন