The markets closed flat with the Dow edging up a fraction to 21,409 after first son Donald Trump Jr. released emails about his meeting with a Russian government lawyer. Nasdaq gained 16 points to 6,193.
On the upside
A Loop Capital Markets analyst wrote that PayPal (Nasdaq: PYPL) should acquire Square (NYSE: SQ).
Ocular Therapeutix (Nasdaq: OCUL) amended its new drug application for Dextenza with details of a manufacturing equipment change.
Rent-A-Center (Nasdaq: RCII) rejected an offer by Vintage Capital Management to take the company private for a premium of $15 per share.
On the downside
Shares of Frontier Communications (Nasdaq: FTR) fell after completing a 1-for-15 reverse stock split yesterday.
Investors locked in profits on Aveo Pharmaceuticals (Nasdaq: AVEO).
Shares of Zion Oil & Gas (Nasdaq: ZN) extended its losses.
In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 8 on both the NYSE and on Nasdaq. The broader S&P 500 slipped a point to 2,425. Bitcoin dropped $32 to $2300.
