An unexpected drop in factory output and industrial production weighed the markets down to a lower open with the Dow losing 13 points to 15,201. Nasdaq eased 2 points to 3460.
On the upside
SunPower (Nasdaq: SPWR) forecast second quarter earnings ahead of estimates and full year revenue above expectations.
Cal Dive International (NYSE: DVR) received two additional contracts from Pemex Exploracion y Produccion.
Jana Partners acquired more than 25 million shares of Zynga (Nasdaq: ZNGA).
On the downside
Rockwell Medical (Nasdaq: RMTI) priced its public offering of more than 11.47 million common shares at the discounted price of $3.05 per share.
Deere & Co. (NYSE: DE) reported higher second quarter earnings that topped analyst estimates but the company warned of slower sales growth.
ExOne (Nasdaq: XONE) widened first quarter losses more than expected.
In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 index slipped a point to 1648.
