Lower close on North Korean tensions

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The market closed lower with the Dow losing 37 points to 22,047 despite a gain in second quarter productivity as concerns about North Korea mounted. Nasdaq fell 18 points to 6,352.


On the upside


Second quarter revenue more than doubled for Silver Springs Network (NYSE: SSNI).


Bargain hunters snapped up shares of Zynerba Pharmaceuticals (Nasdaq: ZYNE).


Omeros (Nasdaq: OMER) reported sharply higher revenue for the second quarter.

 

On the downside


Wesco Aircraft (NYSE: WAIR) fell to a loss for the third quarter as revenue fell.


Office Depot (Nasdaq: ODP) reported lower second quarter earnings that missed analyst expectations.

 

Maiden Holdings (Nasdaq: MHLD) fell to a loss for the second quarter.


In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by a margin of more than 5 to 2 on Nasdaq. The broader S&P 500 held steady at 2,474. Bitcoin plummeted $46 to $2938.


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