The markets traded near the flatline during the midday with the Dow slipping 14 points to 18,297 as investors awaited the release of Federal Reserve meeting minutes. Nasdaq eased a fraction to 5,069.
On the upside
AVEO Pharmaceuticals (Nasdaq: AVEO) will present results from a Phase 3 TIVO-1 study of tivozanib to treat advanced renal cell carcinoma at the 2015 American Society of Clinical Oncology Annual Meeting.
Cablevision Systems (NYSE: CVC) sued Verizon alleging that Verizon falsely advertised that it uses 100% fiber optics.
Black Knight Financial Services (NYSE: BKFS) priced its public offering of 18 million common shares at $24.50 per share.
On the downside
EVINE Live (Nasdaq: EVLV) fell to a loss for the first quarter as revenue slipped.
Profit taking weighed down shares of Giga-tronics (Nasdaq: GIGA).
Shares of Eleven Biotherapeutics (Nasdaq: EBIO) continued falling.
In the broad market, declining issues were on par with advancers on the NYSE while decliners edged out advancers by nearly 5 to 4 on Nasdaq. The broader S&P 500 eased a point to 2126. Bitcoin added $1 to $234.
Markets flat as investors await Fed minutes
May 20, 2015 at 13:48 PM EDT
