The markets traded lower during the midday with the Dow slipping 11 points to 17,671 as the nation's trade deficit widened. Nasdaq lost 22 points to 4,969.
On the upside
Professional Diversity Network (Nasdaq: IPDN) reported more than 500,000 new registered users in June.
Chardan Capital Markets upgraded Himax Technologies (Nasdaq: HIMX) from a Sell rating to a Buy rating.
TeleCommunication Systems (Nasdaq: TSYS) formed a Special Committee to explore strategic options to enhance shareholder value.
On the downside
Profit taking continued to sink shares of 500.com (NYSE: WBAI).
Shares of iDreamSky Technology (Nasdaq: DSKY) extended its losses.
Investors continued to lock in profits on NQ Mobile (NYSE: NQ).
In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 held steady at 2068. Bitcoin lost $7 to $264.
Markets lower as trade deficit widens
July 07, 2015 at 15:43 PM EDT
