Markets fall as UK lifts terror threat level

Despite a better than expected gain in consumer sentiment, the markets opened lower with the Dow falling 39 points to 17,040 as the United Kingdom increased its terror threat level to Severe. Nasdaq slipped 3 points to 4554.

On the upside

RadioShack (NYSE: RSH) continued climbing.

The9 Limited's (Nasdaq: NCTY) joint venture with Qihoo 360 Technology (NYSE: QIHU), System Link Limited, entered a five year license agreement in China to publish and operate Firefall.

Splunk (Nasdaq: SPLK) widened losses for the second quarter but revenue soared to beat analyst expectations and the company forecast current quarter and full year revenue ahead of expectations.

On the downside

Kandi Technologies (Nasdaq: KNDI) entered an agreement for a registered direct placement of $71 million worth of common stock.

Falling iron ore prices weighed down shares of Vale (NYSE: VALE).

Investors locked in profits on SGOCO Group (Nasdaq: SGOC).

In the broad market, advancing issues barely edged out decliners by a slim margin on the NYSE while advancers were on par with decliners on Nasdaq. The broader S&P 500 held steady at 1996. Bitcoin held steady at $505.

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