MARKET PULSE- Tower Group, tech stocks, Agenus, Jamba, Seaspan, Arrowhead

Tue Oct 8, 2013 1:25pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter, U.S. stocks dipped on Tuesday, with the year's biggest gainers taking the hardest hits, as the lack of tangible signs of resolution of the fiscal crisis in Washington prompted a flurry of selling.

The Dow Jones industrial average was down 0.51 percent, the S&P 500 0.65 percent and the Nasdaq Composite 1.34 percent.

** TOWER GROUP INTERNATIONAL LTD, $4.28, down 42 pct (12:29 p.m. ET)

Tower Group's stock fell to a life-time low after the company tripled its loss reserve to about $365 million, much higher than the property and casualty insurer indicated.

** YAHOO INC, $32.51, down 4.77 pct (12:42 p.m. ET)

** FACEBOOK INC, $47.62, down 5.8 pct (12:42 p.m. ET)

** GOOGLE INC, $856.03, down 1.12 pct (12:42 p.m. ET)   Continued...