The Midday S&P 500: The Index Was Down Today Amidst Weak Earnings Reports
By Anthony Shields Oct 26, 2012 2:55 pm
Plus, the market is not favoring Verisign or Dean Foods today.
MINYANVILLE ORIGINAL The S&P 500 (INDEXSP:.INX) was down today, falling .10% to 1,411.62 as of 2:30 p.m. EDT. Today’s big loser was Verisign (NASDAQ:VRSN), which fell 16.22% after a weak earnings report. Also down was Dean Foods (NYSE:DF), which fell 11.18% after a downgrade from Stiefel Nicolaus. On the other end of the spectrum, Varian Medical Systems (NYSE:VAR) rose 15.63% after easily beating its earnings projections for the quarter.
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