Drop In Consumer Sentiment Weighs Down Markets

A drop in August consumer sentiment weighed the markets down to a lower close with the Dow losing 30 points to 14,810. Nasdaq fell 30 points to 3589.

On the upside

A Seeking Alpha contributor expects GTx (Nasdaq: GTXI) to rebound.

JPMorgan noted that SouFun (NYSE: SFUN) was a market leader in the Chinese online real estate services sector.

OPKO Health (NYSE: OPK) announced that its 3.0% convertible senior notes were now convertible to common stock.


On the downside


Parkervision (Nasdaq: PRKR) continued falling after losing a partial summary judgment motion filed by the company.


Nokia (NYSE: NOK) unveiled its Here Auto connected car navigation system but the stock price fell.

Synovus (NYSE: SNV) will present at the Barclays Global Financial Services Conference on September 9, 2013.

In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 lost 5 points to 1632.

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