Skip to main content

Lower open as capital goods orders slip

The markets opened lower with the Dow slipping 18 points to 24,764 as capital goods orders fell in November. Nasdaq lost 7 points to 6,958.


On the upside


Jefferies lifted its price target on Array BioPharma (Nasdaq: ARRY) from $9.00 to $13.00.


Boeing (NYSE: BA) confirmed that it was in discussions to acquire Embraer (NYSE: ERJ).


Bargain hunters lifted shares of Southwestern Energy (NYSE: SWNC).


On the downside


InvestorPlace recommended that investors avoid Advanced Micro Devices (Nasdaq: AMD) in 2018.


Nike (NYSE: NKE) reported lower earnings and disappointing sales in North America.


Celgene (Nasdaq: CELG) reported disappointing results from a Phase 3 clinical trial of REVLIMID in combination with Rituximab to treat follicular lymphoma.


In the broad market, advancing issues were on par with decliners on the NYSE while decliners outpaced advancers by more than 3 to 2 on Nasdaq. The broader S&P 500 held steady at 2,684. Bitcoin crashed $3,946 to $11,689.


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.