MARKET PULSE-Shipping stocks, Gold stocks, Ann, Chico, Spherix

Thu Jan 2, 2014 12:09pm EST
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

U.S. stocks declined on Thursday as investors opened the year on a cautious note after the S&P 500 wrapped up its best year since 1997, despite economic data pointing to continued growth in the economy. The Dow Jones industrial average was down 0.69 percent at 16,463.03, the S&P 500 was down 0.80 percent at 1,833.62 and the Nasdaq Composite was down 0.86 percent at 4,140.695.

** ORAMED PHARMACEUTICALS INC $18.3799, +19.12 pct

The company said it received patent allowances from the patent offices of Israel and Australia, covering a core concept of its technology for the oral delivery of drugs and vaccines.

** GENCO SHIPPING AND TRADING LTD, $2.46, -1.60 pct

** NAVIOS MARITIME HOLDINGS INC, $10.55, -5.47 pct

** BALTIC TRADING LTD, $6.31, -2.02 pct

** EAGLE BULK SHIPPING INC, $4.46, -2.83 pct   Continued...