Concerns that a healthy job market would spark an interest rate increase weighed the markets down to a lower close with the Dow falling 46 points to 17,373. Nasdaq lost 12 points to 5,043.
On the upside
Career Education (Nasdaq: CECO) narrowed losses for the second quarter.
A district court sided with Amarin (Nasdaq: AMRN) in ruling that the company can inform doctors about off-label uses of its drugs.
Pixar Animation Studios will license Nvidia's (Nasdaq: NVDA) quasi-Monte Carlo rendering methods.
On the downside
Century Aluminum (Nasdaq: CENX) fell to a greater than expected loss for the second quarter.
inContact (Nasdaq: SAAS) fell to a loss for the second quarter even as revenue rose.
BioCryst Pharmaceuticals (Nasdaq: BCRX) swung to a profit for the second quarter but the stock price fell.
In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 lost 5 points to 2077. Bitcoin eased a fraction to $276.
Markets slip over rate concerns
August 07, 2015 at 18:33 PM EDT