Mixed Close Over Economic Data

The markets closed mixed with the Dow rising 41 points to 16,458 as investors weighed a drop in new home construction against an increase in factory output. Nasdaq fell 21 points to 4197. 

On the upside 

Rising gold prices lifted shares of AuRico Gold (NYSE: AUQ), AngloGold Ashanti (NYSE: AU), Eldorado Gold (NYSE: EGO) and Kinross Gold (NYSE: KGC).

Kingtone Wirelessinfo Solution (Nasdaq: KONE) narrowed losses for fiscal 2013 as revenue surged 696.8%.

ArQule (Nasdaq: SWKS) said that a study of its liver cancer treatment tivantinib could continue with a lower dosage of the drug.

On the downside

Elizabeth Arden (Nasdaq: RDEN) reported preliminary second quarter earnings and revenue that fell far short of analyst expectations. 

Shares of Enterprise GP Holdings (NYSE: EPE) tumbled on its first trading day.

Citigroup analyst Brian Yu does not expect steel demand to increase enough to lift AK Steel (Nasdaq: AKS).

In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on both the NYSE and on Nasdaq. The broader S&P 500 lost 7 points to 1838. Bitcoin fell $41.32 or 4.74% to $871.70.

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