Homebuilder sentiment slipped in July but the markets closed modestly higher with the Dow rising 16 points to 18,533. Nasdaq climbed 26 points to 5,055.
On the upside
China Xiniya Fashion (NYSE: XNY) majority shareholder Qiming Investment will sell a controlling interest in the company to Perfect Lead International and Hones Plus Investments.
Capital Market Labs wrote that TCP International (NYSE: TCPI) beat Highpower International (Nasdaq: HPJ) on revenue growth, earnings, operating margins, valuation and several additional measurements.
Shares of body camera maker Digital Ally (Nasdaq: DGLY) climbed after the killing of 3 police officers in Baton Rouge on Sunday.
On the downside
Investors locked in profits on SkyPeople Fruit Juice (Nasdaq: SPU).
Profit taking weighed down shares of Ocean Power Technologies (Nasdaq: OPTT).
Brainstorm Cell Therapeutics (Nasdaq: BCLI) reported positive results from a Phase II study of its Lou Gehrig's disease treatment NurOwn but the stock price fell.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 rose 5 points to 2,166. Bitcoin fell $5 to $666.
