Stocks ended their 4 day winning streak on worse than expected Factory Order figures and a slumping service sector. However, Fed Chief Ben Bernanke showed optimism by saying he expects the recession to end this year bolstering stocks to close well off their lows. The DJIA gave back -65.63 to 8675.24, the Nasdaq slipped -10.88 to 1825.92 and the broad based S&P 500 fell -12.98 to 931.76
Hecla Mining (HL | Quote | Chart | News | PowerRating) - Suffered a downgrade by RBC Capital sending shares down by 10.63% or 0.37 cents to $3.13/share.
Frontier Oil (FHO | Quote | Chart | News | PowerRating) - Fell hard on a negative report from Valero dropping 13.53% or $2.41 to $15.40/share.
CF Industries (CF | Quote | Chart | News | PowerRating) - Gave back 2.57% or $2.05 to $77.86/share after Agrium reaffirmed its bid.
Automatic Data Processing (ADP | Quote | Chart | News | PowerRating) - Fell after releasing pessimistic employment data dropping 1.53% or 0.59 cents to $37.99.
Oil fell $2.43 to $66.25, Gold plummeted $18.80 to $965.60 and the VIX climbed 4.69% to 31.02.
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