Market diary.

Stocks were mixed by the close of trading for the week ended March 1. Bargain hunters and a rally in the semiconductor sector helped to correct a Fat Tuesday sell-off sparked by a cautious outlook provided from Google Inc. The Nasdaq Composite Index erased its losses to end the week up 31.47 points to close at 2,314.64. The Dow Jones industrial average rebounded, ending the week down 83.7 points to 11,053.53 and the Standard & Poors 500 fell 1.43 points to 1,291.24. Meanwhile, the LABJ 200 index was nearly flat, up 1.56 points to 131.86, with energy and utility companies leading gainers up 6.1 percent, similar to performance in the broader energy sector. Construction and engineering companies lead losers down 2.9 percent. Twenty-four local stocks hit new 52-week highs, with three reaching new lows. Reinhold Industries Inc. jumped 17 percent to $10.32 on news that the Santa Fe Springs aerospace component company had employed a consultant to explore a possible sale of the company. Woodland Hills-based real estate dot-com Homestore Inc., which announced it was changing its name to Move Inc., was up 15 percent to $6.15. South Pasadena-based Cogent Inc., which provides automated fingerprint identification systems, fell 13 percent to $19.36 after a cautious outlook by management triggered two analyst downgrades.