NEW YORK Oct 18 Small- and mid-capitalization
companies fell on Thursday as corporate earnings results from
companies including Cypress Semiconductor disappointed
Cypress shares declined 8.2 percent to $10.07 while shares
of Reinsurance Group of America dropped 10.8 percent to
$53.51. Reinsurance reported results late Wednesday and a number
of brokerages including Barclays cut their price target on the
Also falling sharply were shares of dental products maker
Align Technology, which forecast fourth-quarter
earnings well below Wall Street estimates as sales of its
trademark invisible braces, Invisalign, fell short of
Align Technology shares dropped 20.4 percent to $28.18.
The S&P MidCap 400 index was down 0.06 percent while
the S&P SmallCap 600 index was down 0.5 percent. In
comparison, the benchmark S&P 500 ended down 0.2 percent.