Stocks Slip Late in Day

Brooks McFeely submits:

4:24 PM, Mar 28, 2011 --

• NYSE down 25.26 (-0.3%) to 8,296.52
• DJIA down 22.71 (-0.2%) to 12,198
• S&P 500 down 3.61 (-0.3%) to 1,310
• Nasdaq down 12.38 (-0.5%) to 2,731

GLOBAL SENTIMENT

• Hang Seng down 0.39%
• Nikkei down 0.6%
• FTSE up 0.1%

UPSIDE MOVERS

(+) ALU upgraded.

(+) NOK upgraded.

(+) T upgraded.

(+) EK gets favorable news in patent case.

(+) RURL gets $17.25 per share offer.

(+) ARIA inks collaboration with MolecularMD Corp.

(+) OBCI reports results well above year-ago quarter.

(+) HON subject of favorable Barron's coverage.

DOWNSIDE MOVERS

(-) AZN expects favorable tax to positive impact earnings.

(-) MAR downgraded.

(-) WMT says half of damaged Japanese stores reopen.

(-) CORN locks in corn prices.

(-) CISG downgraded.

(-) FUQI facing audit.

MARKET DIRECTION

Stocks end moderately lower after a late-day fizzle. Wall Street got an early boost on telecom upgrades and moderation in oil

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