Mixed close as new factory orders fall

New factory orders fell in May but the markets closed mixed with the Dow easing a point to 21,478 as the technology sector advanced. Nasdaq climbed 40 points to 6,150.


On the upside


Nevro (NYSE: NVRO) reported sharply higher preliminary second quarter revenue.


Calithera Biosciences (Nasdaq: CALA) insiders have acquired more company stock and now own 6.2% of the pharmaceutical's outstanding shares.


Zack Investment Research upgraded JMP Group (NYSE: JMP) from a Sell rating to a Hold rating.


On the downside


Disappointing second quarter sales for O'Reilly Automotive (Nasdaq: ORLY) weighed down shares of competitors Advance Auto Parts (NYSE: AAP) and AutoZone (NYSE: AZO).


Falling crude oil prices sent shares of Carrizo Oil & Gas (Nasdaq: CRZO), Halcon Resources (NYSE: HK) and Whiting Petroleum (NYSE: WLL) lower.

Oilfield services providers Nabors Industries (NYSE: NBR) and Teekay Offshore Partners (NYSE: TOO) fell as crude oil prices dropped.


In the broad market, declining issues outpaced advancers by a margin of more than 3 to 2 on the NYSE and by more than 4 to 3 on Nasdaq. The broader S&P 500 rose 3 points to 2,432. Bitcoin climbed $31 to $2570.


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