A surprising decline in home sales and another sharp drop in oil prices are driving investors to sell stocks.
At midday, the Dow Jones industrials fell 46.02, or 0.5 percent, to 9,702.53. The Standard & Poor's 500 index fell 9.32, or 0.9 percent, to 1,051.55, and the Nasdaq composite index fell 25.19, or 1.2 percent, to 2,106.23.
Today’s midday market mover is Vivakor, Inc. (OTC BB: VIVK):
Shares of VIVK are under heavy accumulation today as more than 85,000 shares have traded at midday as compared to its 10-day average of only 5,500 shares.
Vivakor an up and coming biomedical/biotechnology company with trans-disciplinary research that develops and acquires products in the fields of molecular medicine, electro-optics, biological handling and natural and formulary compounds, that extend or improve life.
The R&D Core at Vivakor (the idea hub) innovates, develops and validates biomedical devices and biotechnologies. Commercialization of Vivakor technologies is accomplished through partnerships with manufacturers and niche-industry marketing and distribution leaders.
Vivakor generates revenues through the licensing or sale of its technologies. Vivakor is preparing a portfolio of intellectual properties and subsidiaries. The subsidiaries will focus on the commercialization of technologies developed by Vivakor. More information can be found about Vivakor at www.vivakor.com.
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