The European election results churned markets, with the Spanish 10-year yield rising above 7%. S&P 500 futures were in a downward trend overnight and trading at 1335.75, down 1.75 points (-.13%) this morning.
Dow Jones Industrial average futures were trading at 12679.00, down 31.00 points (-.24%) and NASDAQ futures were at 2578.25, up 14.25 points (.56%).
WTI Crude futures fell 84 cents to $83.19 a barrel and gold futures declined $2.30 to 1625.80.
BroadVison (BVSN) gained over 10% this morning, after gaining 25% on Friday after Microsoft released that they were interested in acquiring Yammer, one of BroadVision’s rivals in social networking application development.
Groupon (GRPN) rose over 10% after analysts at Morgan Stanley upgraded from under-weight to over-weight.
On the downward side of things, DSW (DSW) fell over 11% after weak earnings projections based on increased expectations of clearance items and costs associated with expanding its retail locations. This morning DSW was trading at $51.94, down $6.86.