Services sector expansion slows, markets close mixed

The markets closed mixed with the Dow adding 9 points to 22,026 as the nation's services sector expanded more slowly in July. Nasdaq fell 22 points to 6,340.


On the upside


SolarEdge Technologies (Nasdaq: SEDG) reported second quarter earnings that beat analyst expectations.


Second quarter earnings rose for OraSure Technologies (Nasdaq: OSUR) as revenue climbed.


Ubiquiti Networks (Nasdaq: UBNT) reported higher fourth quarter earnings and revenue that surpassed expectations.

On the downside


Windstream Holdings (Nasdaq: WIN) fell to a loss for the second quarter and cancelled its quarterly dividend.


Agile Therapeutics (Nasdaq: AGRX) priced its public offering of approximately 5.33 million common shares at the discounted price of $3.75 per share.

CPI Card Group (Nasdaq: PMTS) widened losses for the second quarter as revenue fell and cut its full year forecast.


In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 3 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 lost 5 points to 2,472. Bitcoin leaped $62 to $2670.


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