Mixed close on durable goods orders report

The markets closed mixed with the Dow climbing 85 points to 21,796 as durable goods orders rose last month while core capital goods orders slipped. Nasdaq dropped 40 points to 6,382.


On the upside


LivePerson (Nasdaq: LPSN) reported better than expected revenue for the second quarter and lifted its full year forecast.


Pershing Square Capital Management acquired a stake in Automatic Data Processing (Nasdaq: ADP).


Verizon (NYSE: VZ) reported higher second quarter earnings as it added 614,000 monthly subscribers.

On the downside


QEP Resources (NYSE: QEP) reported a loss for the second quarter and announced plans to pay approximately $732 million to acquire oil and gas assets n the Permian Basin.


Community Health Systems (NYSE: CYH) warned of losses for the second quarter.

Second quarter earnings for Buffalo Wild Wings (Nasdaq: BWLD) fell far short of analyst expectations as same store sales dropped prompting the casual restaurant chain to slash its full year outlook.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 slipped 2 points to 2,475. Bitcoin surged $55 to $2556.


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