Lower open on escalating North Korean tensions


Escalating tensions with North Korea sends markets down to lower open with the Dow dropping 60 points to 21,988. Nasdaq tumbled 39 points to 6,312.

On the upside

Perrigo (NYSE: PRGO) reported better than expected results for the second quarter and lifted its full year earnings forecast.

Galapagos (Nasdaq: GLPG) reported positive data from a FLORA Phase 2a trial of its autotoxin inhibitor GLPG1690 in patients with idiopathic pulmonary fibrosis.

Live Nation Entertainment (NYSE: LYV) reported higher second quarter earnings and revenue that beat expectations.


On the downside

Chicago Bridge & Iron (NYSE: CBI) fell to an unexpected loss for the second quarter as revenue plunged and suspended its dividend.

Blue Apron (NYSE: APRN) reported a wider than expected loss in its first quarterly report as a publicly traded company.


Synergy Pharmaceuticals (Nasdaq: SGYP) widened losses for the second quarter.

In the broad market, declining issues outpaced advancers by a margin of more than 9 to 2 on the NYSE and by a margin of nearly 7 to 2 on Nasdaq. The broader S&P 500 fell 9 points to 2,465. Bitcoin climbed $36 to $2986.

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