Economic data weighs down markets

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The markets turned negative during the midday with the Dow dropping 51 points to 17,706 as May factory orders fell 1% and fewer jobs than expected were created in June. Nasdaq lost 19 points to 4,993.

On the upside

Shares of Natera (Nasdaq: NTRA) surged on its first trading day.

Aeropostale (NYSE: ARO) announced new licensing agreements in India and Indonesia.
 
Columbia Pipeline Group (NYSE: CPGX) announced a quarterly dividend of 12.5 cents per share payable on August 20, 2015 to shareholders of record July 31, 2015.

On the downside

Investors locked in profits on WPCS International (Nasdaq: WPCS).

Bloomberg reported that Yelp (NYSE: YELP) has temporarily suspended its efforts to sell the company.

Profit taking continued to weigh down shares of RCS Capital (NYSE: RCAP).
 
In the broad market, declining issues outpaced advancers by a margin of 5 to 4 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 lost 5 points to 2072. Bitcoin slipped $2 to $255.

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This page contains a single entry by published on July 2, 2015 10:32 AM.

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