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.


About this Entry

This page contains a single entry by published on August 10, 2017 6:52 AM.

Lower close on North Korean tensions was the previous entry in this blog.

Facebook launches Watch is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 5.12