April 09, 2012 at 10:43 AM EDT
Sharply Lower Open Over Disappointing Job Numbers
Disappointing March job creation numbers sent the markets tumbling to a sharply lower open with the Dow plummeting 131 points to 12,929. Nasdaq plunged 38 points to 3042.
On the upside
A Seeking Alpha contributor noted that Shengkai Innovations (Nasdaq: VALV) was one of four Chinese micro-cap stocks with much momentum last week.
Molycorp (NYSE: MCP) announced that its proven and probable reserves of rare earth minerals at its Mountain Pass, California facility have increased by 36%.
On the downside
RBC Capital Markets downgraded InterMune (Nasdaq: ITMN) to a Sector Perform rating and lowered its price target from $23 to $17.
The state of Ohio selected competitors of Molina Healthcare (NYSE: MOH) to administer its Medicaid program.
McMoRan Exploration (NYSE: MMR) announced that it was unable to obtain a measurable flow rate from it Wilcox "D" sand.
In the broad market, declining issues outpaced advancers by a margin of more than 6 to 1 on the NYSE and by 7 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks plunged 14 points to 804.
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
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here