Lower open as productivity falls

The nation's productivity fell in the first quarter to weigh the markets down to a lower open with the Dow losing 17 points to 20,940. Nasdaq edged up a fraction to 6,073.


On the upside


Fitbit (NYSE: FIT) reported a smaller than expected loss for the first quarter.


Lumentum Holdings (Nasdaq: LITE) reported higher third quarter revenue.


Arrowhead Pharmaceuticals (Nasdaq: ARWR) narrowed second quarter losses significantly as revenue rose.


On the downside


Tuesday Morning (Nasdaq: TUES) widened losses for the third quarter.


First quarter earnings and revenue fell for Spirit Realty Capital (NYSE: SRC).

CommScope Holding (Nasdaq: COMM) reported first quarter earnings that fell short of expectations.


The broader S&P 500 index added a point to 2,389. Bitcoin leaped $80 to $1525.


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