Mixed Close As Trade Expansion Trimmed
September 21, 2012 at 10:20 AM EDT
The markets closed mixed with the Dow slipping 17 points to 13,579 as World Trade Organization economists trimmed their trade expansion forecasts. Nasdaq added 4 points to 3179.On the upsideDehaier Medical Systems (Nasdaq: DHRM) will supply air compressors and customized trolleys to a medical equipment manufacturer in Ukraine. The Home Builders Association of Maryland named Beazer Homes’ (NYSE: BZH) Greenspring at Quarry Lake in Baltimore County as Project of the Year, multiuse.Forbes named Western Asset Mortgage Capital (NYSE: WMC) as the top dividend stock where insiders have purchased company stock within the past six months.On the downsideMicroVision (Nasdaq: MVIS) chief financial officer Jeff Wilson resigned.KeyBanc Capital Markets downgraded Goodyear Tire (NYSE: GT) to a Hold rating.Wells Fargo downgraded Celanese (NYSE: CE) to a Market Perform rating.In the broad market, advancing issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by nearly 3 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks added 4 points to 855.
