Flat open as exiting homes sales slip

The markets opened flat with the Dow slipping 3 points to 21,577 as existing home sales fell in June. Nasdaq held steady at 6,387.


On the upside


Scientific Games (Nasdaq: SGMS) narrowed second quarter losses more than expected.


Goldman Sachs and RBC Capital Markets initiated coverage of Blue Apron (NYSE: APRN) with Buy ratings.


WebMD (Nasdaq: WBMD) will be acquire day KKR for a premium of approximately $2.8 billion in cash.

On the downside


Credit Suisse downgraded Chicago Bridge & Iron (NYSE: CBI) from an Outperform rating to a Neutral rating.


Second quarter revenue for Hasbro (Nasdaq: HAS) rose less than expected.

RPM International (NYSE: RPM) disappointed with fourth quarter earnings and revenue that fell short of expectations.


In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by 9 to 8 on Nasdaq. The broader S&P 500 held steady at 2,472. Bitcoin gained $19 to $2717.


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