Minutes from the Federal Reserve's meeting last month indicated that interest rate hikes may be halted. The markets closed higher with the Dow gaining 25 points to 22,024. Nasdaq rose 12 points to 6,345.


On the upside


Phoenix New Media (NYSE: FENG) reversed year ago losses to post a stronger than expected profit for the second quarter.


Bargain hunters lifted shares of Eros International (NYSE: EROS).


Rising gold prices lifted shares of Hudbay Minerals (NYSE: HBM), McEwen Mining (NYSE: MUX) and Yamana Gold (NYSE: AUY).

 

On the downside


Babcock & Wilcox Enterprises (NYSE: CBI) extended its losses.


Retreating crude oil prices weighed down shares of Whiting Petroleum (NYSE: WLL).

 

H&E Equipment Services (Nasdaq: HEES) will not submit a revised proposal to acquire Neff (NYSE: NEFF).


In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE and by more than 6 to 5 on Nasdaq. The broader S&P 500 rose 3 points to 2,468. Bitcoin surged $198 to $4326.


The markets opened higher with the Dow gaining 33 points to 22,031 ahead of the release of minutes from the Federal Reserve's July policy meeting. Nasdaq rose 15 points to 6,348.


On the upside


Urban Outfitters (Nasdaq: URBN) reported better than expected sales and revenue for the second quarter.


First Manhattan acquired shares of Freeport-McMoRan (NYSE: FCX).


Cliffs Natural Resources (NYSE: CLF) has changed its name back to Cleveland-Cliffs.

 

On the downside


Jefferies downgraded Chicago Bridge & Iron (NYSE: CBI) from a Buy rating to a Hold rating and slashed its price target from $35 to $12.


Investors locked in profits on Hertz Global (NYSE: HTZ).

 

Viavi Solutions (Nasdaq: VIAV) reported sharply revenue for the fourth quarter.


In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 3 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 rose 4 points to 2,468. Bitcoin lost $6 to $4121.


The markets closed flat with the Dow rising 5 points to 21,998 after North Korea appeared to delay its missile attack on Guam. Nasdaq lost 7 points to 6,333.


On the upside


Jana Partners acquired a 2% stake in Blue Apron (NYSE: APRN).


Calumet Specialty Products Partners (Nasdaq: CLMT) will sell its Superior, Wisconsin refinery and various related assets to Husky Superior Refining Holding.


Deutsche Bank upgraded Wynn Resorts (Nasdaq: WYNN) from a Hold rating to a Buy rating and raised its price target from $138 to $150.

 

On the downside


Photronics (Nasdaq: PLAB) disappointed with sharply lower third quarter earnings that missed expectations and forecast current quarter revenue below estimates.


Bridgepoint Education (NYSE: BPI) announced a secondary offering of approximately 2 million shares of common stock.

 

Sportsman's Warehouse (Nasdaq: SPWH) will open its ninth location in California in Stockton but the stock price fell.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 slipped a point to 2,464. Bitcoin plummeted $253 to $4032.


The markets traded flat during the midday with the Dow adding 3 points to 21,997. Nasdaq edged up a fraction to 6,341.


Amazon opened Instant Pickup sites near five college campuses where shoppers can pickup items within minutes of ordering online. A limited list of several hundred items such as snacks and drinks are available at each Instant Pickup site. Instant Pickup launched in California in Berkeley and Los Angeles as well as in Atlanta, Georgia; Columbus, Ohio; and College Park, Maryland. 


Mazda has recalled approximately 80,000 vehicles to replace faulty front passenger air bag inflators. The dangerous inflators deteriorate over time and can explode with so much force that passengers and drivers have been hurt. Vehicles impacted by the recall are model years 2007 through 2009 and 2012 CX-7, CX-9 and Mazda 6.


A district judge has ordered Costco to pay $19.4 million to Tiffany & Co. for selling counterfeit Tiffany engagement rings. The luxury jeweler alleged that Costco has been selling "Tiffany" rings for years that were not made by Tiffany. The membership warehouse claims that they used "Tiffany" to refer to a specific pronged setting style of a diamond ring and not a Tiffany & Co. branded ring.


In the broad market, declining issues outpaced advancers by a margin of more than 9 to 5 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 held steady at 2,465. Bitcoin plunged $215 to $4070.


July import and export prices edged up to lift the markets to a higher open with the Dow gaining 36 points to 22,029. Nasdaq rose 10 points to 6,350.


On the upside


Extreme Networks (Nasdaq: EXTR) reported higher fourth quarter earnings and revenue.


Goldman Sachs upgraded GoPro (Nasdaq: GPRO) from a Sell rating to a Neutral rating.


Pandora Media (NYSE: P) named Dish Network executive Roger Lynch to the position of chief executive officer.

 

On the downside


Advance Auto Parts (NYSE: AAP) disappointed with lower second quarter earnings that fell short of analyst expectations.


Second quarter earnings for Dick's Sporting Goods (NYSE: DKS) missed expectations and the retailer forecast cut its full year forecast.

 

Coach (NYSE: COH) reported lower fourth quarter revenue that fell short of expectations and forecast fiscal 2018 results below estimates.


In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by more than 9 to 5 on Nasdaq. The broader S&P 500 added 3 points to 2,468. Bitcoin plummeted $404 to $3881.


The markets soared to close sharply higher with the Dow surging 135 points to 21,993 as tensions with North Korea eased. Nasdaq jumped 83 points to 6,340.


On the upside


Neff (NYSE: NEFF) received a superior acquisition proposal from a strategic bidder and has notified H&E Equipment Services.


Tesco (Nasdaq: TESO) will be acquired by Nabors Industries (NYSE: NBR) in an all stock transaction valued at approximately $215 million.


Shares of Sangamo Therapeutics  (Nasdaq: SGMO) continued to rise.

 

On the downside


Shares of Herbalife (NYSE: HLF) and Nu Skin Enterprises (NYSE: NUS) fell on news that Chinese authorities plan to crack down on multilevel marketing companies.


SORL Auto Parts (Nasdaq: SORL) disappointed with second quarter earnings that fell short of expectations.

 

Zynerba Pharmaceuticals (Nasdaq: ZYNE) reported disappointing results from a Phase 2 STOP clinical trial of ZYN002.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 soared 24 points to 2,465. Bitcoin leaped $150 to $4259.


The markets extended its gains during the midday with the Dow leaping 144 points to 22,002. Nasdaq surged 80 points to 6,337.


To rescue its ailing grocery business, Target has added two veterans to its executive team. Target named former Wal-Mart senior director of private brands, deli and bakery Mark Kenny to the position of vice president of meat and fresh prepared food. The retailer also announced the appointment of former General Mills baking division president Liz Noodle to the position of vice president of product design and development for food and beverage.


Aldi has partnered with Instacart to begin delivering groceries to customers in three cities in the U.S. at the end of the month. Shoppers will be able to order groceries from the German grocery store chain through Instacart's website and app. Customers in Atlanta, Dallas and Los Angeles may receive their orders within an hour.


Facebook is expanding its Marketplace service to 17 new countries in Europe. Marketplace brings together local buyers and sellers to facilitate the sale of second-hand goods. Neither the buyer nor the seller pays fees for posting on the service or searching listings on the service.


In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 2 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 soared 24 points to 2,465. Bitcoin jumped $167 to $4276.


Easing tensions with North Korea boosted the markets to a sharply higher open with the Dow soaring 87 points to 21,945. Nasdaq climbed 50 points to 6,306.


On the upside


Fiat Chrysler (NYSE: FCAU) rejected a buyout offer from a Chinese automaker saying that the offer was too low.


Shares of Micron Technology (Nasdaq: MU) extended its gains.


Bargain hunters snapped up shares of Nvidia (Nasdaq: NVDA).

 

On the downside


JD.com (Nasdaq: JD) widened losses for the second quarter.


Shares of Carvana (NYSE: CVNA) continued to fall.

 

Investors locked in profits on Community Health Systems (NYSE: CYH).


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 1 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 climbed 13 points to 2,454. Bitcoin leaped $139 to $4248.


Mild inflation lifts markets

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Mild inflation sparked optimism that interest rate increases would rise more slowly. The markets closed higher with the Dow rising 14 points to 21,858. Nasdaq gained 39 points to 6,256.


On the upside


Shares of Community Health Systems (NYSE: CYH) surged again on no news.


Bargain hunters lifted shares of Forterra (Nasdaq: FRTA).


Aegean Marine Petroleum Network (NYSE: ANW) reported better than expected earnings for the second quarter.

 

On the downside


Luxoft Holding (NYSE: LXFT) disappointed with sharply lower first quarter earnings that missed expectations.


Black Box (Nasdaq: BBOX) widened losses for the first quarter and suspended its dividend.

 

Shares of YogaWorks (Nasdaq: YOGA) fell on its first trading day.


In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 8 on both the NYSE and on Nasdaq. The broader S&P 500 added 3 points to 2,441. Bitcoin soared $151 to $3582.


Higher open as CPI edges up

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The markets opened higher with the Dow gaining 39 points to 21,883 as the consumer price index edged up 0.1% in July. Nasdaq rose 6 points to 6,222.


On the upside


Bargain hunters lifted shares of Babcock & Wilcox Enterprises (NYSE: BW).


The Trade Desk (Nasdaq: TTD) reported sharply higher second quarter earnings and revenue.


Shares of Synergy Pharmaceuticals (Nasdaq: SGYP) continued to climb.

 

On the downside


J.C. Penney (NYSE: JCP) widened losses more than expected.


Snap (NYSE: SNAP) widened second quarter losses more than expected.

 

Nvidia (Nasdaq: NVDA) reported sharply higher second quarter earnings and revenue but the stock price fell.


In the broad market, declining issues outpaced advancers by a margin of nearly 9 to 8 on the NYSE while advancers edged out decliners by more than 4 to 3 on Nasdaq. The broader S&P 500 plummeted 35 points to 2,438. Bitcoin climbed $462 to $3412.


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