Midway through trading Monday, the Dow traded up 0.01 percent
to 15,427.36 while the NASDAQ gained 0.28 percent to 3,670.20.
The S&P fell, dropping 0.06 percent to 1,690.34.
Top HeadlineBlackBerry (NASDAQ:
) reported that its board of directors has formed a special
committee to explore strategic alternatives, including sales of
assets or a possible sale of the company.
Equities Trading UPMcEwen Mining (NYSE:
) shot up 10.20 percent to $2.22 after the company reported Q2
operational results. Shares of BlackBerry (NASDAQ:
) got a boost, shooting up 4.62 percent to $10.21 after the
company reported that it was
seeking strategic alternatives.
Celldex Therapeutics (NASDAQ:
) was also up, gaining 7.24 percent to $20.32 after the company
reported expansion of Phase 2 ReACT study in recurrent
Equities Trading DOWN Shares of Tesla Motors (NASDAQ:
) were down 3.17 percent to $148.15 after
Lazard Capital Markets downgraded
the stock from Buy to Neutral. Rambus (NASDAQ:
) shares tumbled 1.84 percent to $9.05 after the company
proposed offering of $100 million
aggregate principal amount of its convertible senior notes. Sysco
) was down, falling 4.11 percent to $33.57 after the company
8.5 percent drop in its fourth-quarter
Commodities In commodity news,
oil traded up 0.05 percent
to $106.02, while gold traded up 2.11 percent to $1,339.90.
Silver traded up 4.55 percent Monday to $21.34, while copper rose
0.17 percent to $3.31.
Eurozone European shares were mostly on fears that a new fight
was set over a third Greek bailout later this year. The Spanish
Ibex Index dropped 0.22 percent and the Italian FTSE MIB Index
rose 0.36 percent. Meanwhile, the German DAX gained 0.20 percent
and the French CAC 40 fell 0.12 percent while U.K. shares
declined 0.14 percent.
Economics The Treasury monthly budget report for July will be
released at 2:00 p.m. ET.
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