TriNet CEO Burton Goldfield says the company is seeing high demand from New York's booming tech sector and new financial businesses.
Exxon Mobil was upgraded, causing stocks to get a lift in the morning session. However, the boost did not last long and stocks began to give back those gains.
King Digital Entertainment, maker of the addictive game Candy Crush, saw its stock drop after pricing its shares at the middle of its range.
David Nelson of Belpointe Asset Management points out that between the WhatsApp deal and the Oculus deal, Facebook has diluted stock value by 12%.
Marijuana stocks have recently shriveled up in value, causing many investors to wonder if the "green rush" is over.
The biotechnology sector has seen considerable selling over the past two weeks, setting up today's recovery.
G-III Apparel beat analysts estimates for the fourth quarter earnings, but missed on sales, while the acquisition of G.H. Bass will hurt the first quarter and cause the company to lose money.
Stocks reversed course from the morning and tumbled as momentum names like Netflix and Tesla lost steam, pulling down the NASDAQ.
Markets may be focused on Ukraine and Russia, but there is another global problem that could be more damaging to the U.S. markets: China.
King Digital, maker of Candy Crush, hopes investors will focus on the increase of daily users and not the declining revenue and profits when it IPOs.