Debt ceiling agreement lifts markets

An agreement to increase the debt ceiling lifted the markets to a higher close with the Dow gaining 54 points to 21,807. Nasdaq rose 17 points to 6,393.


On the upside


HealthEquity (Nasdaq: HQY) reported higher second quarter earnings that beat expectations prompting the company to lift its full year forecast.


Gap (NYSE: GPS) will focus on growing its Old Navy brand to a $10 billion a year business and close approximately 200 struggling Gap and Banana Republic stores.


USG (NYSE: USG) will present at the 2017 RBC Capital Markets Global Industrials Conference next week.

On the downside


Triton International (NYSE: TRTN) will offer $200 million worth of common stock through a public offering.


Nomad Foods (NYSE: NOMD) announced secondary offering of up to 33.33 million common shares by Pershing Square.

GoDaddy (NYSE: GDDY) priced its public offering of more than 20 million common shares at the discounted price of $44.00 per share.


In the broad market, advancing issues outpaced decliners by a margin of nearly 7 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 rose 7 points to 2,465. Bitcoin fell $20 to $4,562.


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