Oil glut concerns weigh down markets

Concerns about a crude oil glut weighed the markets down to a lower close with the Dow falling 55 points to 17,690. Nasdaq held steady at 5,128.

On the upside

Shares of 500.com (NYSE: WBAI) continued soaring.

Second quarter earnings surged for Immersion (Nasdaq: IMMR) to beat expectations as revenue climbed.

A10 Networks (NYSE: ATEN) reported a smaller than expected loss for the second quarter as revenue rose.

On the downside

Solazyme (Nasdaq: SZYM) reported a greater than expected loss for the second quarter ash revenue dropped.

Outerwall (Nasdaq: OUTR) fell to a loss for the second quarter as revenue slipped.

Vivus (Nasdaq: VVUS) widened second quarter losses and announced restructuring plans.

In the broad market, advancing issues outpaced decliners by a margin of 5 to 3 on the NYSE and by 5 to 4 on Nasdaq. The broader S&P 500 lost 4 points to 2103. Bitcoin slipped $1 to $283.
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