The markets closed mixed with the Dow losing 46 points to 15,612 even as service sector activity climbed in July to a five month high. Nasdaq added 3 points to 3692.
On the upside
A Seeking Alpha contributor wrote that NQ Mobile (NYSE: NQ) was bargain.
UBS upgraded AMN Healthcare Services (NYSE: AHS) from a Sell rating to a Neutral rating.
A federal judge upheld a jury verdict ordering Life Technologies (Nasdaq: LIFE) to pay $48.6 million in patent infringement damages to Enzo Biochem (NYSE: ENZ).
On the downside
GSE Holdings (NYSE: GSE) warned that second quarter earnings would drop due to continued economic challenges.
Profit taking sank shares of Just Energy Group (NYSE: JE).
Motley Fool warned that Ford (NYSE: F) and General Motors (NYSE: GM) may face strong pickup truck competition from Japanese automakers.
In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE while advancers edged out decliners by more than 9 to 7 on Nasdaq. The broader S&P 500 slipped 2 points to 1707.
