The markets closed mixed with the Dow losing 23 to 17,827 even as jobless claims dropped and durable goods orders surged. Nasdaq added 6 points to 4,901.
On the upside
Advanced Semiconductor Engineering (NYSE: ASX) and Siliconware Precision Industries (Nasdaq: SPIL) will establish a holding company.
Copart (Nasdaq: CPRT) reported higher third quarter earnings and revenue that beat expectations.
Genesco (NYSE: GCO) reported higher first quarter earnings that surpassed analyst expectations by a wide margin.
On the downside
Bristow Group (NYSE: BRS) fell to a greater than expected loss for the fourth quarter as revenue dropped.
Renewable Energy Group (Nasdaq: REGI) will offer $125 million in convertible senior notes.
First quarter earnings for Signet Jewelers (NYSE: SIG) missed expectations.
In the broad market, advancing issued outpaced decliners by a slim margin of 10 to 9 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 held steady at 2,090. Bitcoin added $1 to $450.
Upbeat economic data sparks rate hike fears
May 26, 2016 at 17:57 PM EDT
