Updated from 2:32 p.m. EDT with new stock prices
Small-cap stocks followed the broader market on Wednesday, showing a slight drop by midday before beginning a small rebound. The Russell 2000 Index was down 2.8% to 672.10, while the S&P Small-Cap 600 was down 2.8% to 355.19 on the day.
Among the winners, Seattle-based medical device company Northstar Neuroscience (NSTR Quote) was up 22.7% to $1.84. On Wednesday, Tang Capital Partners announced a proposal to acquire Northstar for $2.25 per share.
Tengasco (TGC Quote), an oil and natural gas company out of Knoxville, Tenn., was down 1.3% to $2.90. The company announced early on Wednesday that it had finalized a deal to buy oil-producing properties and equipment from Black Diamond Oil. The deal is worth about $5.35 million. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,344.84 | 1,095.63 | 2,144.60 | 32.01 |
Oil *
78.55
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UP
34.92
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UP
4.14
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UP
6.16
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DOWN
0.30
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10 Yr
3.20%
SPDR Gold
115.65
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+0.34%
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+0.29%
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-0.93%
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