Flat close on disappointing consumer spending

The markets closed flat with the Dow adding a point to 17,813 as consumer spending barely edged up 0.1% last month. Nasdaq gained 13 points to 5,116.


On the upside


The9 Limited (Nasdaq: NCTY) signed an exclusive five-year license agreement to publish and operate Cross Fire 2 in mainland China.


Cancer Genetics (Nasdaq: CGIX) will present at the Piper Jaffray Healthcare Conference in New York next week.


Shares of Stage Stores (NYSE: SSI) extended its gains.

On the downside


Citigroup analyst Sophie Karp revoked her rating and price target on TerraForm Global (Nasdaq: GLBL).


EXCO Resources (NYSE: XCO) received the requisite consents to amend the indentures that are governing its 7.50% senior notes due 2018.


Brazilian authorities arrested Senator Delcidio do Amaral for interfering with the corruption investigation of Petrobras (NYSE: PBR).


In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 eased a fraction to 2,088. Bitcoin rose $8 to $326.

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