Concerns that soaring crude oil prices will stall the global economic recovery sent the markets tumbling to a sharply lower close with the Dow plummeting 168 points to 12,058. Nasdaq sank 44 points to 2737.
On the upside
PNM Resources (NYSE: PNM) widened fourth quarter losses but the energy company forecast 2011 earnings above estimates.
Rising silver prices lifted shares of Silvercorp Metals (NYSE: SVM).
CIBER (NYSE: CBR) will present at the Roth Capital Growth Stock Conference on Tuesday, March 15, 2011 at the Ritz Carlton in Dana Point, California.
