The rally continues

U.S. stocks are holding on to their gains despite news of a drop in April existing home sales.  At 11:29 a.m. ET the Russell 2000 was up 5.26 points, or 0.64%, to 829.06.  The Dow Jones Industrial Average was up 49.98 points, or 0.37%, to 13,491.11.

Shares of Gaithersburg, Md.-based Iomai Corp. (Nasdaq: IOMI) are falling following news its patch-based vaccine for seasonal influenza is less effective than an injected vaccine.

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