Despite a drop in the nation's unemployment rate to the lowest level in almost two years, the market closed lower with the Dow tumbling 88 points to 12,169 as escalating violence in Libya pushed oil prices higher. Nasdaq fell 14 points to 2784.
On the upside
EMCORE (Nasdaq: EMKR) Connects Cables were used to connect the world's fastest super computer Tianhe-1A.
Shares of Alcatel-Lucent (NYSE: ALU) continued rising over yesterday's rumor that a Chinese firm was considering acquiring the telecommunications equipment maker.
Rodman & Renshaw downgraded GMX Resources (NYSE: GMXR) to a Market Perform rating.
On the downside
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