Markets close mixed as factory production drops

The markets closed mixed with the Dow gaining 43 points to 17,031 as August factory production fell. Nasdaq dropped 48 points to 4,518.

On the upside

Miller Energy Resources (NYSE: MILL) named Carl F. Giesler, Jr. to the position of chief executive officer and entered into a non-binding letter of intent to buy most of the Alaskan operating assets of Buccaneer Energy.

Shares of Cliffs Natural Resources (NYSE: CLF) continued climbing.

AIESEC Canada's executive team will be equipped with BlackBerry Z30 smartphones (Nasdaq: BBRY).

On the downside

Profit taking continued to sink shares of RADA Electronic Industries (Nasdaq: RADA).

Twitter (NYSE: TWTR) increased the size of its bond offering.

Micron Technology (Nasdaq: MU) chief financial officer Ronald C. Foster sold 20,000 shares of company stock.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 3 to 1 on Nasdaq. The broader S&P 500 eased a pointsto 1984. Bitcoin held steady at $471.