Rate increase very likely

The markets closed mixed with the Dow gaining 59 points to 19,083 as the Fed appeared poised to raise interest rates. Nasdaq slipped 5 points 5,380.


On the upside


Bargain hunters lifted shares of Sino-Global Shipping America (Nasdaq: SINO).


Caleres (NYSE: CAL) reported higher third quarter earnings that topped analyst estimates.


Third quarter earnings for Veeva Systems (NYSE: VEEV) surged to beat expectations.


On the downside


Cellectar Biosciences (Nasdaq: CLRB) priced its public offering of common stock at the discounted price of $1.50 per share.


PDL Biopharma (Nasdaq: PDLI) issued $150.0 million of convertible senior notes.


Urban Outfitters (Nasdaq: URBN) disappointed with third quarter earnings or revenue that fell short of expectations.


In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while advancers outpaced decliners by a margin of more than 7 to 5 on Nasdaq. The broader S&P 500 lost 4 points to 2,202. Bitcoin fell $7 to $737.


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