The markets opened mixed with the Dow falling 42 points to 21,437 while Nasdaq rose 11 points to 6,121 as investors await a global response to North Korea's missile launch.
On the upside
Monogram Residential Trust (NYSE: MORE) will be acquired by an investment group led by Greystar Real Estate Partners in a deal valued at approximately $3 billion.
Bargain hunters lifted shares of Micron Technology (Nasdaq: MU).
Stifel upgraded Teradyne (NYSE: TER) from a Hold rating to a Buy rating and lifted its price target from $32 to $39.
On the downside
Diebold Nixdorf (NYSE: DBD) adjusted its full year forecast.
O'Reilly Automotive (Nasdaq: ORLY) disappointed with second quarter comparable store sales that fell short of expectations.
Goldman Sachs analyst David Tamberrino cut his six month price target on Tesla (Nasdaq: TSLA) from $190 to $180 and affirmed his Sell rating on the electric vehicle maker.
In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 1 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 slipped 2 points to 2,426. Bitcoin added $3 to $2541.
