The Market Story

Stocks Fumble for Direction

Stock quotes in this article: AZN , RBS , GM , YHOO , PFE , EBAY , GSK  

Among technology shares, billionaire investor Carl Icahn bought $66.9 million in shares of Web portal Yahoo! > (YHOO Quote), bringing his stake in the company up to 5.5%.

As for analyst actions, online auctioneer eBay (EBAY Quote) caught an Argus downgrade to hold from buy.

Looking at commodities, crude oil was shedding $3.09 to $51.35 a barrel. Gold was gaining $1.20 to $812.50 an ounce.

Longer-dated U.S. Treasury securities were rising in price. The 10-year note was up 6/32, yielding 2.96%, and the 30-year was climbing 30/32, yielding 3.48%. The dollar was gaining on the euro, yen and pound.

Overseas, European exchanges, such as the FTSE in London and the DAX in Frankfurt, were trading higher. In Asian markets, Japan's Nikkei and Hong Kong's Hang Seng finished on the upside.

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,250.82 1,094.34 2,156.66 34.74
Oil *
77.23
UP
3.85
UP
1.33
UP
5.58
DOWN
0.08
10 Yr
3.47%
SPDR Gold
109.27
+0.04%
+0.12%
+0.26%
-0.23%
Data delayed 20 minutes

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