Wall Street signIf you were expecting a snap back rally you’re going to have to place that want on hold. Wall Street is on edge as it eyes the start of earnings season. Alcoa is first up after the bell. This will give a tell as to whether the recovery is still in an upward trajectory or if it is faltering. Recent data points show that it may be faltering slightly.

Europe is still an ongoing concern as the sell-off in the EU continued into the start of their holiday shortened week. Italian and Spanish bond yields continue to rise, which is fueling the fear that the sovereign debt crisis is not only unresolved, but spreading.

Currently the Dow is down 68, near session lows, the Nasdaq is down 8 and the S&P is off 6. [Read more...]

6 Nasdaq Stocks Following the Market Lower: MRGE, AONE, EGLE, FSIN, KERX, GALE

Nasdaq StocksMerge Healthcare Incorporated (NASDAQ:MRGE) is down 15.93% today at $4.96. MRGE has traded 2.2 million shares so far today, 4 times its daily average volume. Merge Healthcare announced today it sold its health information kiosks and related equipment to higi llc for $2.75 million. The company has a market cap of 451.87 million.

A123 Systems, Inc. (NASDAQ:AONE) is down 15.64% this morning at $0.8605. AONE has traded 4.4 million shares in early trading, 1 million shares more than its daily average. AONE shares continue to fall on news of a recall of their battery equipment late last month. The company has a market cap of 130.13 million. [Read more...]

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