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Today was a light economic day, and the tone was essentially nothing but profit taking the whole day. The markets opened weak and stayed weak all day, except in technology stocks on NASDAQ. Banks were the big losers today on waves and waves of financial firms doing dilutive capital raises. Continue reading Closing Bell: Another give-back (MSFT, COF, WFC, DRYS)
Wendy's (NYSE: WEN) is down 1.5% on worse than expected earnings.
Limelight Networks (NASDAQ: LLNW) is down 6% on a downgrade from Jefferies.
Capitol One (NYSE: COF) is off over 2% on a downgrade from UBS.
Wells Fargo (NYSE: WFC) is off 1.7% on a downgrade from Merrill Lynch.
Stocks may trade differently in the pre-market than they do in the regular session.
Douglas A. McIntyre is an editor at 247wallst.com.
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