Mixed markets as oil retreats

The markets traded mixed during the midday with the Dow gaining 22 points to 17,827 as crude oil prices retreated. Nasdaq slipped 2 points to 4,835.


On the upside


The second day of Williams Cos.' (NYSE: WMB) lawsuit against Energy Transfer Equity (NYSE: ETE) began.


Shares of Stone Energy (NYSE: SGY) climbed for the third day.

WP Glimcher (NYSE: WPG) chief executive Michael Glimcher resigned.


On the downside


xG Technology (Nasdaq: XGTI) completed its 1-for-12 reverse stock split.


Liberty Global (Nasdaq: LBTYK) (Nasdaq: LBTYA) determined the final per share ratio distribution of Liberty Global Latin America and Caribbean ordinary shares to Liberty Global Group shareholders.


Paratek Pharmaceuticals (Nasdaq: PRTK) will offer 3.75 million common shares.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners edged out advancers by nearly 2 to 1 on Nasdaq. The broader S&P 500 added 4 points to 2,087. Bitcoin tumbled $50 to $672.

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