Higher close as rate concerns ease

The markets closed higher with the Dow rising 39 points to 21,987 on easing concerns of a potential rate hike. Nasdaq added 6 points to 6,435.


On the upside


BidaskClub upgraded Eros International (NYSE: EROS) from a Sell rating to a Hold rating.


Vanguard Group increased its stake in Overstock.com (Nasdaq: OSTK) by 5.1% to a total of 701,775 shares.


HSBC lifted its price target on Yandex (Nasdaq: YNDX) from $34.60 to $38.40.

On the downside


Second quarter earnings for Tech Data (Nasdaq: TECD) missed expectations.


MannKind (Nasdaq: MNKD) will present at the Rodman & Renshaw 19th Annual Global Investment Conference on Monday, September 11 and at the Cantor Fitzgerald Global Healthcare Conference on Monday, September 25.

Shares of Health Insurance Innovations (Nasdaq: HIIQ) fell on news that President Donald Trump will slash the Obamacare enrollment outreach budget by 90%.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 rose 4 points to 2,476. Bitcoin added $4 to $4,871.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.