The markets advanced with the Dow closing at another record as investors await comments from Federal Reserve chairman Ben Bernanke tomorrow. The blue chip index climbed 52 points to 15,387 while Nasdaq gained 5 points to 3502.
On the upside
FX Energy (Nasdaq: FXEN) reported successful results from a test at its Tuchola-3K well.
Sony (NYSE: SNE) may explore the possibility of spinning off its entertainment business, a suggestion that was made last week by 6% shareholder Third Point.
Uncommon Equities updated its report on Pacific Ethanol (Nasdaq: PEIX) and maintained its Buy rating on the renewable fuels producer.
On the downside
Investors locked in profits on SolarCity (Nasdaq: SCTY).
Motely Fool expects GameStop (NYSE: GME) to underperform the S&P 500.
Retreating gold prices weighed down shares of Eldorado Gold (NYSE: EGO), Iamgold (NYSE: IAG) and McEwen Mining (NYSE: MUX).
In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 7 the NYSE and by 10 to 9 on Nasdaq. The broader S&P 500 index added 2 points to 1669.
