Services sector expansion slows, markets close lower

Expansion of the nation's services sector slowed in May to weigh the markets down to a lower close with the Dow losing 22 points to 21,184. Nasdaq fell 10 points to 6,295.


On the upside


Osisko Gold Royalties (NYSE: OR) will acquire a precious metals portfolio of assets from Orion Mine Finance Group.


Robert W. Baird analyst David Leiker upgraded Navistar (NYSE: NAV) from a Neutral rating to an Outperform rating and lifted the price target from $32 to $33.


Cowen upgraded Helix Energy Solutions Group (NYSE: HLX) from a Market Perform rating to an Outperform rating and lifted its price target from $8.00 to $10.00.


On the downside


Investors locked in profits on ChinaCache International Holdings (Nasdaq: CCIH).


JinkoSolar Holdings (NYSE: JKS) reported sharply lower first quarter earnings.

Shares of Endocyte (Nasdaq: ECYT) fell again.


The broader S&P 500 slipped 1 points to 2,436. Bitcoin climbed $24 to $2649.


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