Stocks slip Thursday afternoon (at Money) Wall Street seeks direction after rising over the last two weeks. Jobs outlook, Chinese inflation, dollar movement are all in focus.
Sector Snap: Airline stocks hold steady (AP) After two days in a row of gains, airline stocks remained somewhat steady on Thursday. Shares of most of the big carriers moved little. The Amex airline index was down less than 1 percent in midday trading.
10 Stocks for This Commercial Real Estate Recovery: Managers (at CNBC) U.S. mortgage applications inched higher this month, the Dow Jones real estate index rose 114 percent since the 2009 March lows and foreclosure filings rose 6 percent in February from a year ago, the smallest increase in four years.
US STOCKS SNAPSHOT-Nasdaq turns positive (at Reuters) The Nasdaq turned positive and the Dow and S&P 500 pared losses on Thursday as big-cap technology shares rose, offsetting worries about money tightening in China.
BioSante soars on study; drug stocks slip (at MarketWatch) Shares of BioSante Pharmaceuticals Inc. soared 16% in early action Thursday, powered by a study that showed its GVAX vaccine appeared to be effective in batting chronic myeloid leukemia, or CML.
UPDATE - Auto parts company s shares rise in NYSE debut (at Reuters) * Begins trade at $18, matching IPO price * Rises as high as $18.70 in morning trading NEW YORK, March 11 - Shares of car parts maker Sensata Technologies Holding rose as much as 3.9 percent on their first day of trading on the New York Stock Exchange on Thursday...
Retail stocks fall; Bed, Bath & Beyond cut by FBR (at MarketWatch) Retail stocks fell Thursday, led by Bed, Bath & Beyond Inc. , after the home-furnishings retailer was cut to underperform from market perform by FBR Capital Markets. The S&P Retail Index fell 0.3% to 435.05.
Tech stocks follow broad market into the red (at MarketWatch) Technology stocks fell along with the broad market Thursday as concerns about rising prices in China and the state of the U.S. economy dragged the sector down. Decliners included Microsoft Corp. , Intel Corp. , Apple Inc. and Yahoo Inc. .
Energy stocks fall back as oil surrenders $82 (at MarketWatch) Energy stocks fell in early action on Thursday, as oil dropped below $82 a barrel and the broad market slipped. The NYSE Arca Oil Index dipped 0.2% to 1,069, pulling back from gains in the previous session.
Airline stocks give up prior-day gains (at MarketWatch) Airline stocks declined Thursday after the sector benchmark reached a two-year high in prior day trading. The NYSE Arca Airline Index fell nearly 1% to 37.80 points with all of its 13 components trading down.
Stocks retreat at the start; China concerns weigh (at MarketWatch) U.S. stocks opened modestly lower on Thursday after China reported a steep hike in inflation and fresh data showed the U.S. jobs market still on less-than-firm footing. The Dow Jones Industrial Average fell 19.12 points to 10,548.21.