Lower open as CPI holds steady

The markets opened lower with the Dow losing 36 points to 18,599 as consumer prices held steady in July. Nasdaq fell 21 points to 5,240.


On the upside


Bargain hunters lifted shares of Aurinia Pharmaceuticals (Nasdaq: AUPH).


SITO Mobile (Nasdaq: SITO) reversed year ago losses to post a profit for the second quarter.


Dick's Sporting Goods (NYSE: DKS) reported higher second quarter earnings and revenue that topped analyst estimates and lifted its full year forecast.


On the downside


The Hain Celestial Group (Nasdaq: HAIN) delayed its filing its fourth quarter financials due to an accounting review and warned it would fall short of its full year forecast.


Shares of MeetMe (Nasdaq: MEET) dropped for the fourth day.


Fabrinet (NYSE: FN) reported higher fourth quarter earnings and revenue but the stock price fell as investors locked in profits.


In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 lost 6 points to 2,183. Bitcoin climbed $9 to $574.

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