Flat close after US withdraws from Iran nuclear deal


The markets closed flat with the Dow adding 2 points to 24,360 after the U.S withdrew from the Iran nuclear deal. Nasdaq edged up a point to 7266.

On the upside

Impinj (Nasdaq: PI) reported first quarter revenue that was higher than expected. 

Fossil Group (Nasdaq: FOSL) reported a smaller than expected loss for the first quarter. 

Dean Foods (NYSE: DF) narrowed first quarter losses more than expected.


On the downside 

Moody's downgraded Gogo's (Nasdaq: GOGO) corporate family rating from B3 to Caa1.

Hertz Global (NYSE: HTZ) reported a wider than expected loss for the first quarter.

Entercom Communications (NYSE: ETM) reported a loss for the first quarter.

In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while advancers outpaced decliners by a margin of 6 to 5 on Nasdaq. The broader S&P 500 held steady at 2,671. Bitcoin sank $230 to $9,164.

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This page contains a single entry by published on May 8, 2018 2:13 PM.

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