Flat close on possible rate hike

The markets closed flat with the Dow adding 2 points to 20,005 on indications that the Federal Reserve will increase interest rates this month. Nasdaq rose 9 points to 5,870.


On the upside


Rennova Health (Nasdaq: RNVA) opened an online portal to hire new staff for its Big South Fork Medical Center when the facility reopens in the second quarter.


The Habit Restaurant (Nasdaq: HABT) reported sharply higher fourth quarter earnings and revenue.


Bargain hunters lifted shares of SunOpta (Nasdaq: STKL).


On the downside


Immersion (Nasdaq: IMMR) fell to a greater than expected loss for the fourth quarter as revenue plunged and the company forecast current quarter results well below estimates.


The Food and Drug Administration ordered SCYNEXIS (Nasdaq: SCYX) to halt the initiation of any new clinical studies with the intravenous formulation of SCY-078 until the FDA completes a review of all available pre-clinical and clinical data of the IV formulation of SCY-078.

Shares of DryShips (NYSE: DRYS) extended its losses.


In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners edged out advancers by a slim margin on Nasdaq. The broader S&P 500 index added a point to 2,383. Bitcoin climbed $13 to $1,262.


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