Lower crude oil prices weighed the markets down during the midday with the Dow falling 34 points to 18,013. Nasdaq slipped 2 points to 4,897.
On the upside
Capnia (Nasdaq: CAPN) announced its first U.S. commercial sale of CoSense End-Tidal Carbon Monoxide Monitors.
Potbelly (Nasdaq: PBPB) swung to a better than expected profit for the fourth quarter and forecast full year earnings ahead of estimates.
Zillow (Nasdaq: Z) completed its $2.5 billion acquisition of Trulia.
On the downside
Garmin (Nasdaq: GRMN) reported higher fourth quarter earnings but the results fell short of analyst expectations and the company forecast full year earnings below estimates.
The lockup period for GoPro (Nasdaq: GPRO) expired yesterday.
Penn Virginia (NYSE: PVA) forecast lower capital expenditures for 2015.
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 slipped 4 points to 2095. Bitcoin lost $5 to $236.
Markets slip as oil prices fall
February 18, 2015 at 12:20 PM EST