Flat close despite strong existing home sales

The markets ended the day flat with the Dow slipping 9 points to 16,937 despite strong sales of existing homes as investors continued to monitor developments in Iraq. Nasdaq held steady at 4,368.

On the upside

Agile Therapeutics (Nasdaq: AGRX) received a patent for its transdermal contraceptive patch Twirla.

Bargain hunters lifted shares of Voxeljet (NYSE: VJET).

Thompson Creek Metals (NYSE: TC) priced is exchange offer of common stock for 6.50% tangible equity units.

On the downside

StemCells (Nasdaq: STEM) president and chief executive Martin McGlynn will present at the 2014 BIO International Convention on June 25, 2014.

Goldman Sachs downgraded Hercules Offshore (Nasdaq: HERO) from a Neutral rating to a Sell rating.

Merrimack Pharmaceuticals (Nasdaq: MACK) stock continued falling.

In the broad market, declining issues outpaced advancers by a slim margin on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 held steady at 1962. Bitcoin lost $10.22 or 1.74% to $586.22.

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