The markets closed mixed with the Dow gaining 52 points to 16,398 even as crude oil prices fell again. Nasdaq lost 5 points to 4,637.
On the upside
FXCM (NYSE: FXCM) entered a partnership with professional trading software developer PFSOFT.
Bargain hunters lifted shares of Advanced Micro Devices (Nasdaq: AMD).
Macy’s (NYSE: M) shareholder Starboard proposed that the department store operator pursue joint venture structures for the company’s real estate holdings in order to unlock $10 billion in shareholder value.
On the downside
A. Schulman (Nasdaq: SHLM) disappointed with sharply lower first quarter earnings that fell short of analyst expectations.
bluebird bio (Nasdaq: BLUE) will not update investors on the clinical progress of LentiGlobin BB305 in June.
Shares of Peabody Energy (NYSE: BTU) plunged after rival Arch Coal (NYSE: ACI) filed for bankruptcy protection.
In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 added a point to 1,923. Bitcoin rose $2 to $447.
