The markets opened flat with the Dow slipping 3 points to 17,009 while Nasdaq added a point to 4,553 over disappointment that Apple failed to introduce a digital wallet along with its new iPhone 6.
On the upside
On Track Innovations (Nasdaq: OTIV) introduced its WAVE and NFC Insert mobile add-on devices to add near field communication capabilities to older iPhone and iPad devices.
The Food and Drug Administration posted briefing materials for NPS Pharmaceuticals’ (Nasdaq: NPSP) hormone replacement therapy Natpara indicating that the drug was effective.
Camtek (Nasdaq: CAMT) received new orders valued at approximately $3 million.
On the downside
Goldman Sachs and Piper Jaffray downgraded GT Advanced Technologies (Nasdaq: GTAT) to Neutral ratings and slashed their price targets on the company.
Deutsche Banks downgraded Mobileye (NYSE: MBLY) from a Buy rating to a Hold rating.
AngloGold Ashanti (NYSE: AU) will spin off its international mining operations.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 slipped 3 points to 1984. Bitcoin rose $8 to $480.