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TSC 21: Selling Abates on Bullish Data

 

TheStreet.com 21 index was virtually unchanged on Thursday amid mixed results in the broader market, news of a strong month for retailers and positive economic data.

The index dropped 0.17 point, or 0.02%, to 990.85, while the Nasdaq lost 0.47 point, or 0.03%, to close at 1,652.21. Meanwhile, the Dow Jones Industrial Average rose 64.71 points, or 0.71%, to 9,126.45 as the Labor Department reported an unexpected 5.7% increase in productivity in the second quarter and retailers celebrated their best month of the year.

Solectron (SLR Quote) posted the biggest drop, falling 11 cents, or 2.33%, to $4.62. It was followed by Continental Airlines (CAL Quote), which was down 25 cents, or 2%, to $12.25, and Yahoo! (YHOO Quote), down 54 cents, or 1.83%, to $28.92. ...

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