Stocks turn mixed
Stocks are trading mixed this afternoon, after news that a private equity group purchased a majority stake in Chrysler for $7.45 billion. In small cap action, US BioEnergy Corp. (Nasdaq: USBE) missed profit expectations, while consulting company Inforte Corp. (Nasdaq: INFT) is being acquired for $50 million.
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At 11:23 a.m. ET the Russell 2000 had lost 2.43 points, or 0.29%, to 827.11. The Dow Jones Industrial Average was up 30.23 points, or 0.23%, to 13,356.45. spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer
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