Russell slips as Dow again looks to record
The Dow is cruising toward another record close while the Russell 2000 is sagging in midday trading. In small cap action, a sharp drop in revenue is hurting shares of Openwave Systems Inc. (Nasdaq: OPWV), while shares of Synchronoss Technologies, Inc. (Nasdaq: SNCR) got a lift on news its quarterly profit doubled.
At 2:30 p.m. ET the Russell 2000 had lost 2.84 points, or 0.34 percent, to 830.96. The Dow Jones Industrial Average was up 29.58 points, or 0.23 percent, to 13,135.08. That’s above Thursday’s record close of 13,105.50.
At 2:30 p.m. ET the Russell 2000 had lost 2.84 points, or 0.34 percent, to 830.96. The Dow Jones Industrial Average was up 29.58 points, or 0.23 percent, to 13,135.08. That’s above Thursday’s record close of 13,105.50.
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