Following the market opening Monday, the Dow traded down 0.09
percent to 15,411.87 while the NASDAQ gained 0.18 percent to
3,666.56. The S&P also fell, dropping 0.13 percent to
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. BlackBerry shares
surged 6.25 percent to trade at $10.37.
Equities Trading UPMcEwen Mining (NYSE:
) shot up 7.46 percent to $2.16 after the company reported Q2
operational results. Shares of BlackBerry (NASDAQ:
) got a boost, shooting up 6.25 percent to $10.37 after the
company reported that it was
seeking strategic alternatives.
Celldex Therapeutics (NASDAQ:
) was also up, gaining 4.22 percent to $19.75 after the company
reported expansion of Phase 2 ReACT study in recurrent
Equities Trading DOWN Shares of Tesla Motors (NASDAQ:
) were down 2.91 percent to $148.55 after
Lazard Capital Markets downgraded
the stock from Buy to Neutral. Rambus (NASDAQ:
) shares tumbled 3.63 percent to $8.89 after the company
proposed offering of $100 million
aggregate principal amount of its convertible senior notes. Sysco
) was down, falling 3.34 percent to $33.84 after the company
8.5% drop in its fourth-quarter
Commodities In commodity news,
oil traded down 0.68 percent
to $105.25, while gold traded up 1.79 percent to $1,335.70.
Silver traded up 3.91 percent Monday to $21.21, while copper rose
0.06 percent to $3.31.
Eurozone European shares were on fears that a new fight was
set over a third Greek bailout later this year. The Spanish Ibex
Index dropped 0.23 percent and the Italian FTSE MIB Index fell
0.05 percent. Meanwhile, the German DAX dropped 0.21 percent and
the French CAC 40 fell 0.34 percent while U.K. shares declined
Economics The Treasury is set to auction 3- and 6-month bills.
The Treasury monthly budget report for July will be released at
2:00 p.m. ET.
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