Flat close as investors monitor earnings

The markets ended flat with the Dow adding 13 points to 18,100 as investors monitored earnings. Nasdaq rose 8 points to 5,218.

On the upside

Shares of Frontline (NYSE: FRO) continued rising.

PayPal (Nasdaq: PYPL) stock soared on its first day of trading after being spun off from eBay (Nasdaq: EBAY).

BTIG analysts lifted their price target on Facebook (Nasdaq: FB) from $80 to $117.

On the downside

Reuters reported that it would be unlikely for Tsinghua Unigroup to acquire Micron Technology (Nasdaq: MU).

Retreating crude oil prices weighed down shares of Goodrich Petroleum (NYSE: GDP).

Investors locked in profits on Affimed (Nasdaq: AFMD).

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 added a point to 2128. Bitcoin held steady at $275.