NATIONAL

Inflation fears pushed stocks modestly lower Tuesday as a surge in wholesale prices obscured data showing signs of a moderating economic growth.

According to preliminary calculations, the Dow Jones industrial average lost 8.88, or 0.08 percent, to 11,419.89. The Standard & Poor’s 500 index dropped 2.42, or 0.19 percent, to 1,292.08, and the Nasdaq composite index fell 9.39, or 0.42 percent, to 2,229.13.

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LOCAL


True Religion Apparel Inc. dropped 8.5 percent to $15.95. Big Five Sportings Goods Corp. fell 7 percent to $21.32. Bell Industries Inc. lost 3.8 percent to $2.50 after the board of Coast Distribution System Inc. rejected its bid to acquire the company. Jakks Pacific Inc. was down 3.9 percent to $20.83. Aspyra Inc., which reported earnings Monday, fell 2.8 percent to $1.75. Occidental Petroleum Corp. fell 2 percent to $96.97 on news that Ecuador’s state oil company will seize one of its fields.

Qualstar Corp. jumped 13.6 percent to $3.43. OSI Systems Inc., which reported earnings Monday, gained 13.4 percent to $20.53. Iris International Inc., which Craig-Hallum initiated coverage on with a “buy” and $20 target, rose 11.5 percent ot $14. Prospect Medical Holdings Inc., which reported earnings Monday, gained 7.3 percent to $5.90.