The markets opened flat with the Dow adding 4 points to 18,352 as preliminary reports indicated that Amazon's Prime Day sales were flat in the US. Nasdaq rose 5 points to 5,028.
On the upside
The Food and Drug Administration removed a clinical hold on Juno Therapeutics' (Nasdaq: JUNO) Phase 2 study of JCAR015 to treat leukemia.
Thoma Bravo will pay a premium of approximately $544 million in cash to acquire Imprivata (NYSE: IMPR).
Coatue Management purchased 625,000 shares of Twilio (NYSE: TWLO).
On the downside
The Michaels Companies (Nasdaq: MIK) announced a secondary offering of 11 million shares and said that second quarter earnings would be in the low to mid range of its previous guidance.
Diamondback Energy (Nasdaq: FANG) will pay $560 million to acquire assets in Texas.
Shares of Resolute Energy (NYSE: REN) fell as crude oil prices slipped.
In the broad market, advancing issues outpaced decliners by a margin of more than 10 to 9 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 2,152. Bitcoin fell $9 to $654.
