Consumer spending eased 0.1% last month but consumer confidence climbed to its highest level in seven years. The markets closed modestly higher with the Dow rising 18 points to 17,098. Nasdaq gained 22 points to 4580.

On the upside 

Ivanhoe Energy (Nasdaq: IVAN) responded to a surge in its stock price by saying that it was unaware of any contributing factors.

Bargain hunters snapped up shares of Ascent Solar Technologies (Nasdaq: ASTI).

Rally Software Development (NYSE: RALY) widened losses for the second quarter but the results were better than expected and the company forecast full year earnings ahead of estimates.

On the downside 

Investors locked in profits on China Finance Online (Nasdaq: JRJC).

Pacific Sunwear (Nasdaq: PSUN) swung to a profit for the second quarter but the company forecast current quarter earnings that fell short of analyst expectations.

Profit taking weighed down shares of Jumei International (NYSE: JMEI). 

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 gained 6 points to close at a record 2003. Bitcoin added $2 to $507.

The markets recovered early morning losses during the midday with the Dow easing a point to 17,077 as consumer sentiment rose. Nasdaq gained 15 points to 4573.

On the upside 

Veeva Systems (NYSE: VEEV) reported higher second quarter earnings and revenue that beat analyst expectations, forecast current quarter results ahead of estimates and lifted its full year outlook.

Les Echos reported that Criteo (Nasdaq: CRTO) may be acquired by Publicis Groupe.

Shares of Digital Ally (Nasdaq: DGLY) continued soaring.

On the downside 

Zoe's Kitchen (NYSE: ZOES) reported higher second quarter earnings and revenue but the stock price dropped.

Profit taking continued to weigh down Sunesis Pharmaceuticals (Nasdaq: SNSS).

Investors locked in profits on Amicus Therapeutics (Nasdaq: FOLD). 

In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 3 points to 2000. Bitcoin added $3 to $508.

Despite a better than expected gain in consumer sentiment, the markets opened lower with the Dow falling 39 points to 17,040 as the United Kingdom increased its terror threat level to Severe. Nasdaq slipped 3 points to 4554.

On the upside 

RadioShack (NYSE: RSH) continued climbing.

The9 Limited's (Nasdaq: NCTY) joint venture with Qihoo 360 Technology (NYSE: QIHU), System Link Limited, entered a five year license agreement in China to publish and operate Firefall.

Splunk (Nasdaq: SPLK) widened losses for the second quarter but revenue soared to beat analyst expectations and the company forecast current quarter and full year revenue ahead of expectations.

On the downside 

Kandi Technologies (Nasdaq: KNDI) entered an agreement for a registered direct placement of $71 million worth of common stock.

Falling iron ore prices weighed down shares of Vale (NYSE: VALE).

Investors locked in profits on SGOCO Group (Nasdaq: SGOC). 

In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 held steady at 1996. Bitcoin held steady at $505.

The nation's economy expanded at a strong 4.2% in the second quarter but the markets closed lower with the Dow falling 42 points to 17,079 as Russian troops joined rebels fighting government forces in southern Ukraine. Nasdaq lost 11 points to 4557.

On the upside 

EZchip Semiconductor (Nasdaq: EZCH) cancelled upcoming appearances at brokerage events sparking speculation that the company may be acquired.

Hanwha SolarOne (Nasdaq: HSOL) narrowed losses for the second quarter even as revenue slipped.

Dougherty & Co. analyst Charlie Anderson expects strong sales for GoPro (Nasdaq: GPRO) during the lucrative holiday shopping season.

On the downside 

Profit taking sank shares of TubeMogul (Nasdaq: TUBE).

Genesco (NYSE: GCO) disappointed with sharply lower second quarter earnings that missed expectations by a wide margin and cut its full year earnings outlook.

Falling iron ore prices weighed down shares of Cliffs Natural Resources (NYSE: CLF). 

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 slipped 3 points to 1996. Bitcoin lost $5 to $507.

The markets recovered early morning losses but continued to trade in negative territory with the Dow losing 28 points to 17,093 despite a drop in jobless claims as the Ukrainian conflict intensified. Nasdaq slipped 7 points to 4562.

On the upside 

The Michigan State Police extended and increased its contract with Digital Ally (Nasdaq: DGLY) and submitted its first purchase order valued at over $1.1 million.

Reports circulated that RadioShack (NYSE: RSH) may be exploring a possible refinancing package or a bankruptcy filing.

A Wired report that the iPhone 6 (Nasdaq: AAPL) would support mobile payments lifted shares of cashless payment solutions provider On Track Innovations (Nasdaq: OTIV).

On the downside 

BTIG Research analyst Will Frohnhoefer downgraded J.C. Penney (NYSE: JCP) from a Buy rating to a Neutral rating.

Second quarter earnings for Sungy Mobile (Nasdaq: GOMO) plunged to fall far short of analyst expectations and the company forecast current quarter revenue below estimates prompting a downgrade.

Violin Memory (NYSE: VMEM) narrowed losses for the second quarter but revenue dropped to miss estimates. 

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 eased a point to 1998. Bitcoin lost $6 to $505.

The markets tumbled to a sharply lower open with the Dow dropping 70 points to 17,051 as Russian troops entered Ukraine. Nasdaq lost 13 points to 4555.

On the upside 

Repros Therapeutics (Nasdaq: RPRX) reported superior results for its Androxal in treating hypogonadism.

Speculation that Tekmira (Nasdaq: TKMR) may be acquired lifted shares of the Ebola disease treatment developer.

SGOCO Group (Nasdaq: SGOC) launched an on-line sales platform on JD.com.

On the downside 

Williams-Sonoma (NYSE: WSM) reported higher second quarter earnings but the home furnishings retailer forecast current quarter and full year earnings below expectations.

Second quarter earnings rose for Abercrombie & Fitch (NYSE: ANF) but revenue fell.

Guess? (NYSE: GES) disappointed with sharply lower second quarter earnings that missed analyst estimates as revenue slipped and forecast current quarter as well as full year results below expectations. 

In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 lost 6 points to 1993. Bitcoin slipped $7 to $505.

Flat close as ECB mulls rates

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The markets closed flat with the Dow rising 15 points to 17,122 as the European Central Bank appeared less likely to lower interest rates. Nasdaq eased a point to 4569.

On the upside 

Shares of Amicus Therapeutics (Nasdaq: FOLD) continued soaring after reporting successful late stage trial results last week.

Mobileye (NYSE: MBLY) stock extended its gains from yesterday.

Michaels (Nasdaq: MIK) fell to a loss for the second quarter but the results were better than expected.

On the downside 

Investors locked in profits on China Finance Online (Nasdaq: JRJC).

Vapor (Nasdaq: VPCO) ended its asset purchase agreement with International Vapor Group.

Janney Capital Markets downgraded Facebook (Nasdaq: FB) from a Buy rating to a Neutral rating. 

In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE while decliners edged out advancers by 9 to 7 on Nasdaq. The broader S&P 500 held steady at 2000. Bitcoin rose $5 to $513.

The markets traded flat during the midday with the Dow rising 13 points to 17,119 as S&P hovered near its record 2000 close. Nasdaq edged up a fraction to 4571.

On the upside 

TubeMogul (Nasdaq: TUBE) swung to an unexpected profit for the second quarter as revenue more than doubled.

China's National Quality Control & Inspection Center for Buses approved Highpower International's (Nasdaq: HPJ) 20Ah lithium-ion battery.

NetSol Technologies (Nasdaq: NTWK) signed a $16 million contract to implement its next generation software platform NFS Ascent.

On the downside 

Digital Ally (Nasdaq: DGLY) announced a private placement of $4 million in senior convertible notes.

Fourth quarter earnings plunged for Solera Holdings (NYSE: SLH).

Profit taking sank shares of Autohome (NYSE: ATHM). 

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE while decliners edged out advancers by nearly 5 to 4 on Nasdaq. The broader S&P 500 held steady at 2000. Bitcoin added $3 to $511.

Flat open after S&P 500 record

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The markets opened flat with the Dow adding 2 points to 17,109 after S&P 500 set a record close. Nasdaq lost 4 points to 4566.

On the upside 

Second quarter earnings and revenue for Express (NYSE: EXPR) topped analyst estimates prompting the specialty apparel retailer to lift its full year earnings outlook.

Shares of Image Sensing Systems (Nasdaq: ISNS) continued rising.

Aruba Networks (Nasdaq: ARUN) narrowed fourth quarter losses more than expected as revenue rose.

On the downside 

First quarter earnings and revenue fell for Smith & Wessen (Nasdaq: SWHC) prompting the firearms maker to cut its full year outlook.

Yingli Green Energy (NYSE: YGE) narrowed second quarter losses but the results fell short of analyst expectations.

Chico's FAS (NYSE: CHS) disappointed with lower second quarter earnings and revenue that missed estimates. 

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while decliners edged out advancers by more than 7 to 5 on Nasdaq. The broader S&P 500 slipped 2 points to 1998. Bitcoin added $3 to $511.

S&P closes at record 2000

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While the Dow advanced modestly by gaining 29 points to 17,106 as investors continued to monitor global developments, S&P 500 added 2 points to close at a record 2000. Nasdaq rose 13 points to 4570.

On the upside 

Deutsche Bank analysts said that Arrowhead Research (Nasdaq: ARWR) was a good target for an acquisition.

Zacks Equity Research noted that Catalyst Pharmaceutical Partners (Nasdaq: CPRX) was a stock worth watching.

Acquisition speculation lifted shares of Isis Pharmaceuticals (Nasdaq: ISIS).

On the downside 

First quarter earnings plunged for iKang Healthcare Group (Nasdaq: KANG) on a per share basis.

Prospect Capital (Nasdaq: PSEC) disappointed with lower fourth quarter net income.

Xueda Education Group (Nasdaq: XUE) reported lower second quarter earnings even as revenue rose. 

In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 added 2 points to close at a record 2000. Bitcoin rose $5 to $508.

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