Lower close as new home sales disappoint

The markets closed modestly lower with the Dow falling 26 points to 17,977 on disappointing new home sales. Nasdaq lost 10 points to 4,895.


On the upside


TheStreet listed Verastem (Nasdaq: VSTM) as one of eight breakout stocks under $10.


Shares of Oncothyreon (Nasdaq: ONTY) continued rising.


Second Sight Medical Products (Nasdaq: EYES) stock rose of the third day in a row.

On the downside


Profit taking weighed down shares of Endo International (Nasdaq: ENDP).


Investors locked in profits on Cliffs Natural Resources (NYSE: CLF).


RBC Capital Markets downgraded Rayonier Advanced Materials (NYSE: RYAM) from a Sector Perform rating to an Underperform rating.


In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 lost 3 points to 2,087. Bitcoin climbed $9 to $461.

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