The markets opened lower with the Dow falling 46 points to 10,628 as private employers added fewer than expected jobs last month. Nasdaq lost 10 points to 2282.
On the upside
Nanometrics (Nasdaq: NANO) swung to a better than expected profit for the second quarter on higher sales.
Crocs (Nasdaq: CROX) reversed year ago losses to post a profit that surpassed analyst estimates as sales improved and the company cut expenses.
American International Group (NYSE: AIG) reported a loss for the second quarter due to a goodwill impairment charge but the results were better than expected.
On the downside
Alphatec (Nasdaq: ATEC) disappointed with a greater than expected loss for the second quarter and cut its full year outlook.
American Public Education (Nasdaq: APEI) reported higher second quarter earnings that beat expectations but the online education company cut its full year guidance prompting a downgrade.
Although Harman International (NYSE: HAR) swung to a fourth quarter profit, the results fell short of estimates.
In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The Russell 2000 which tracks small cap stocks lost 3 points to 652.
