Markets Flat Ahead Of Fed Meeting

The markets traded flat at midday with the Dow adding 9 points to 15,748 despite a rise in November retail sales as investors await results of the Federal Reserve meeting next week. Nasdaq edged up a point to 3999.

On the upside

Shares of Nimble Storage (NYSE: NMBL) surged on its first trading day.

Celsion (Nasdaq: CLSN) reported positive results from two Phase 1 studies of its ThermoDox plus hyperthermia to treat recurrent breast cancer and is now enrolling patients in a Phase 2 study.

Bargain hunters snapped up shares of Camtek (Nasdaq: CAMT).


On the downside


Profit taking weighed down shares of CytRx (Nasdaq: CYTR).

Opko Health (NYSE: OPK) extended its losses.

AVEO Pharmaceuticals (Nasdaq: AVEO) warned that its colorectal cancer treatment tivozanib would likely fail a midstage study.

In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE while advancers edged out decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 eased a fraction to 1774. Bitcoin added $14.22 or 1.59% to $909.00.

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