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Benzinga Mid-Day Market Update

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At the midday point on Monday, the Dow was down about 0.21 percent, or roughly 29.09 points. The NASDAQ also fell, down about 0.32 percent, or about 10.30 points. The S&P was dropping as well, trading down 0.17 percent, falling 2.55 points.

Onyx Pharmaceuticals (NASDAQ: ONXX) rose Monday 4.41 percent to around $80.05, a 52-week high.

Jazz Pharmaceuticals(NASDAQ: JAZZ) also posted a rally early Monday, trading up 13.22 percent, around $54.48 following a favorable legal decision late Friday afternoon.

BioFuel Energy (NASDAQ: BIOF)rallied as well, up 13.96 percent, trading around $10.23 following new EPA rules on bio-diesel fuels.

Shares of Netflix (NASDAQ: NFLX) fell Monday, trading down 4.91 percent around $57.55 as investors continue to fear Apple's entry into the internet radio market.

The Empire State Manufacturing Index was released today and came in at -10.41, far below the estimated -2.00.

In tech news, shares of Apple (NASDAQ: AAPL) continue their climb as they near the $700 dollar mark following an announcement by the company that it had sold 2 million iPhone 5's in the first day of its release. Shares of Apple traded up 1.07 percent around $698.67.

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