The markets closed mixed with the Dow gaining 60 points to 21,891 even as pending home sales climbed more than expected. Nasdaq dropped 26 points to 6,348.
On the upside
CDI (NYSE: CDI) will be taken private for a premium of $8.25 per share in cash by affiliates of AE Industrial Partners.
ServiceMaster (NYSE: SERV) impressed with sharply higher second quarter earnings prompting the company to lift its full year revenue forecast.
Second quarter earnings surged for Armstrong World Industries (NYSE: AWI) to beat expectations.
On the downside
Navigant Consulting (NYSE: NCI) disappointed with lower second quarter earnings that fell short of expectations.
InVivo Therapeutics (Nasdaq: NVIV) reported a third death in its INSPIRE study.
Intercept Pharmaceuticals (Nasdaq: ICPT) widened losses for the second quarter.
In the broad market, declining issues outpaced advancers by a margin of more than 9 to 8 on the NYSE while decliners edged out advancers by more than 9 to 8 on Nasdaq. The broader S&P 500 slipped a point to 2,470. Bitcoin surged $70 to $2709.
