Lingering concerns about the stalled economic recovery sent the markets down to a lower close with the Dow dropping 61 points to 12,089. Nasdaq tumbled 30 points to 2702.
On the upside
Delcath Systems (Nasdaq: DCTH) will present at The Jefferies 2011 Global Healthcare Conference tomorrow.
Hospital and healthcare organization software provider Epic named Dell (Nasdaq: DELL) its first Community Connect Certified consulting services firm for Electronic Medical Record and Electronic Practice Management services.
Intel (Nasdaq: INTC) reaffirmed its second quarter guidance.
On the downside
China TechFaith Wireless Technology (Nasdaq: CNTF) affirmed its second quarter guidance and announced that it will launch a 3D massive motion PC console game through its 17Vee Motion Game platform but the stock price dropped.
Sunesis Pharmaceuticals (Nasdaq: SNSS) announced the study design for its Phase 3 VALOR trial of its acute myeloid leukemia treatment vosaroxin.
Raymond James analyst Federico Rey Marino downgraded Credicorp (NYSE: BAP) citing political uncertainty in Peru following the election of former military officer Ollanta Humala to the presidency.
In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The Russell 2000 which tracks small cap stocks tumbled 12 points to 795.
