Crude oil slips, markets open mixed

The markets opened mixed with the Dow losing 33 points to 18,561 as crude oil prices slipped. Nasdaq added 2 points to 5,092.


On the upside


Galencia will pay a premium of approximately $1.53 billion to acquire Relypsa (Nasdaq: RLYP).


Joy Global (NYSE: JOY) will be acquired by Komatsu in an all-cash deal valued at approximately $3.7 billion.


eBay (Nasdaq: EBAY) reported greater than expected earnings and revenue for the second quarter prompting the company to lift its full year forecast.


On the downside


Second quarter earnings and revenue for Southwest Airlines (NYSE: LUV) fell short of expectations.


Investors locked in profits on OpGen (Nasdaq: OPGN).


Interpublic Group of Companies (NYSE: IPG) reported higher second quarter earnings and revenue but revenue missed estimates.


In the broad market, advancing issues outpaced decliners by a margin of more than 9 to 7 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 slipped a point to 2,171. Bitcoin edged up to $660.

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