Markets lower as Scottish independence more likely

The markets traded lower during the midday with the Dow losing 26 points to 17,110 as Scotland appeared more likely to support independence from the United Kingdom. Nasdaq held steady at 4,582.

On the upside

RADA Electronic Industries (Nasdaq: RADA) reversed year ago losses to post a profit for the second quarter as revenue climbed.

Shares of China Mobile Games and Entertainment Group (Nasdaq: CMGE) continued climbing.

FBN Securities analyst Shebly Seyrafi initiated coverage of GoPro (Nasdaq: GPRO) with an Outperform rating.

On the downside

Profit taking continued to sink shares of Image Sensing Systems (Nasdaq: ISNS).

Morgan Stanley downgraded Ford (NYSE: F) from an Overweight rating to an Underweight rating.

KPMG resigned as the independent auditor for World Acceptance (Nasdaq: WRLD).

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE while advancers edged out decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 6 points to 2001. Bitcoin fell $9 to $470.