It was a flat close for the markets with the Dow slipping 2 points to 17,083 over mixed economic data. Nasdaq eased a point to 4,472.
On the upside
Bloomberg reported that Zillow (Nasdaq: Z) may make a bid for rival Trulia (NYSE: TRLA).
Verso Paper (NYSE: VRS) amended its subordinated debt exchange offer.
Second quarter earnings fell for Overstock (Nasdaq: OSTK) but revenue climbed to surpass analyst expectations.
On the downside
Life Time Fitness (NYSE: LTM) reported lower second quarter earnings that fell short of analyst expectations and cut its full year outlook.
Inteliquent (NYSE: IQNT) disappointed with sharply lower second quarter earnings.
Shares of Kandi Technologies Group (Nasdaq: KNDI) continued falling.
In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 1987. Bitcoin fell $20 to $596.
