Flat open after S&P 500 record

The markets opened flat with the Dow adding 2 points to 17,109 after S&P 500 set a record close. Nasdaq lost 4 points to 4566.

On the upside

Second quarter earnings and revenue for Express (NYSE: EXPR) topped analyst estimates prompting the specialty apparel retailer to lift its full year earnings outlook.

Shares of Image Sensing Systems (Nasdaq: ISNS) continued rising.

Aruba Networks (Nasdaq: ARUN) narrowed fourth quarter losses more than expected as revenue rose.

On the downside

First quarter earnings and revenue fell for Smith & Wessen (Nasdaq: SWHC) prompting the firearms maker to cut its full year outlook.

Yingli Green Energy (NYSE: YGE) narrowed second quarter losses but the results fell short of analyst expectations.

Chico's FAS (NYSE: CHS) disappointed with lower second quarter earnings and revenue that missed estimates.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while decliners edged out advancers by more than 7 to 5 on Nasdaq. The broader S&P 500 slipped 2 points to 1998. Bitcoin added $3 to $511.

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