US Markets trading volatile on Monday morning

February 11th, 2008

Volatility continued to be the norm in almost all markets of the world come Monday morning and the US markets seems to be no exception. NASDAQ rose just few minutes of the opening bell but fell into the red territory before rising upwards by the time the first hour trades are done.

NASDAQ is up 0.35%, Dow Jones Industrial Average is down 0.26% while S&P 500 is down 0.03%.

Most Advancing stocks on the NASDAQ include IDM Pharma, Inc., Possis Medical, Inc., John B. Sanfilippo & Son, Inc., Axcelis Technologies, Inc. and Labopharm Inc. while the most declined stocks list is headed by NeuroMetrix, Inc., ADDvantage Technologies Group, Inc., LCA-Vision Inc., Imperial Sugar Company and Artes Medical, Inc.

News of Yahoo Inc rejecting the $44.6B bid of Microsoft is taken into account. Yahoo is trading at $29.47. The script opened at $29.49. 11:10 AM IST

Entry Filed under: Global Markets

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