Orange County Business Journal

Midday Stock Roundup

Kari Hamanaka Thursday, September 26, 2013

The S&P 500 was up 0.38% to 1,699.23 in afternoon trading Thursday.

The Dow Jones industrial average rose 0.40% to 15,333.82, while the Nasdaq rose 0.79% to 3,791.

The yield on a 10-Year treasury bond was up 1.30% to 2.65%.

The price of gold was off 1.03% to $1,322.40 per ounce.

TECHNOLOGY

Irvine-based disk drive maker Western Digital Corp. was off about 3% to $63.61, after Longbow Research replaced Western Digital with rival Seagate Technology Inc. on its "Best Idea List." Western Digital had a recent market value of $15.08 billion.

HEALTHCARE

Anaheim drug maker Questcor Pharmaceuticals Inc. was up about 3% to $57.73 for a market value of $3.4 billion. Piper Jaffray Cos. reiterated its "overweight" rating on the company's stock.