These 2 Stocks Are Rising in a Down Market
Stock index futures moved lower just before the market open on Tuesday morning, spurred by lawmakers' failure to make progress in discussions about raising the debt ceiling. Declines were relatively modest, with the Nasdaq Composite leading the way lower with a drop of about a third of a percent. Yelp (NYSE: YELP) became the subject of speculation about a potential sale of the company, while PacWest Bancorp (NASDAQ: PACW) continued to gain ground as sentiment concerning regional banks kept improving.