The markets closed mixed with the Dow losing 27 points to 20,913 as factory activity slowed in April. Nasdaq climbed 44 points to 6,091.
On the upside
Ocwen Financial (NYSE: OCN) is working on a new proposed agreement with New Residential to convert New Residential's existing rights to mortgage servicing rights to fully owned mortgage service rights.
Shares of China Rapid Finance (NYSE: XRF) climbed on its second day of trading.
Alliance Resource Partners (Nasdaq: ARLP) reported sharply higher first quarter earnings on increased coal sales volumes.
On the downside
DryShips (Nasdaq: DRYS) entered an agreement to acquire one 82,129 DWT Kamsarmax drybulk carrier built in 2014.
Citigroup downgraded Wesco Aircraft Holdings (NYSE: WAIR) from a Buy rating to a Neutral rating.
William Blair downgraded 8x8 (Nasdaq: EGHT) from an Outperform rating to a Market Perform rating.
The broader S&P 500 index rose 4 points to 2,388. Bitcoin soared $72 to $1402.
