A greater than expected gain in consumer sentiment lifted the markets to a higher open with the Dow climbing 89 points to 17,979. Nasdaq slipped 5 points to 5,107.
On the upside
Shares of Cleveland BioLabs (Nasdaq: CBLI) continued to climb.
National Bank of Greece (NYSE: NBG) stock rose as Greece moved closer to a debt deal.
Bargain hunters lifted shares of Magnum Hunter Resources (NYSE: MHR).
On the downside
Celladon (Nasdaq: CLDN) will suspend development of all programs and will aggressively pursue the sale of the company.
Micron (Nasdaq: MU) disappointed with lower third quarter earnings and revenue that missed expectations prompting a downgrade.
The Wall Street Journal reported that Valeant Pharmaceuticals (NYSE: VRX) was exploring a possible acquisition of Zoetis (NYSE: ZTS).
In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 added 3 points to 2106. Bitcoin eased a fraction to $241.
Markets open higher as consumer sentiment climbs
June 26, 2015 at 10:42 AM EDT