Stocks finished an uneasy session mixed Monday as investors grew nervous ahead of the second-quarter earnings season. Weakness in the technology sector dragged on the Nasdaq composite index, the Associated Press reports. Expectations for solid quarterly results helped the market to an early advance, but the enthusiasm waned throughout the session, prompting some traders to lock in profits. Dow Jones industrial Alcoa Inc. - the first major U.S. company to report each quarter - posted a sharp rise in earnings after the close of trading.
According to preliminary calculations, the Dow added 12.88, or 0.12 percent, to 11,103.55, after gaining as much as 84 points earlier. Broader stock indicators were mixed. The S & P; 500 rose 1.86, or 0.15 percent, to 1,267.34, and the Nasdaq dropped 13.13, or 0.62 percent, to 2,116.93.
Winner's & Losers
California Pizza Kitchen Inc. gained 4.36 percent to close at $27.51 and True Religion Aparel Inc. finished the day up nearly 4 percent and closed at $17.90. Bell Industries gained 3.68 percent to close at $3.10 a share.
!st Century Bank lost 7.69 percent to close at $9 while Stamps.com Inc. finished the day at $23.06, a 4.28 percent loss and THQ Inc. closed down 4.27 percent at $1974 a share.
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