The markets ended flat with the Dow adding 13 points to 18,100 as investors monitored earnings. Nasdaq rose 8 points to 5,218.
On the upside
Shares of Frontline (NYSE: FRO) continued rising.
PayPal (Nasdaq: PYPL) stock soared on its first day of trading after being spun off from eBay (Nasdaq: EBAY).
BTIG analysts lifted their price target on Facebook (Nasdaq: FB) from $80 to $117.
On the downside
Reuters reported that it would be unlikely for Tsinghua Unigroup to acquire Micron Technology (Nasdaq: MU).
Retreating crude oil prices weighed down shares of Goodrich Petroleum (NYSE: GDP).
Investors locked in profits on Affimed (Nasdaq: AFMD).
In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 added a point to 2128. Bitcoin held steady at $275.