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Mixed open as August retail sales fall

The markets opened mixed with the Dow gaining 49 points to 22,252 while Nasdaq slipped 3 points to 6,426 after August retail sales unexpectedly fell.


On the upside


Analysts see Nvidia (Nasdaq: NVDA) as the leader in artificial intelligence computing.


Bargain hunters lifted shares of Intercept Pharmaceuticals (Nasdaq: ICPT).


Shares of Nokia (NYSE: NOK) extended its gains.

On the downside


Oracle (NYSE: ORCL) reported higher first quarter earnings that topped estimates but the company forecast cloud sales that missed expectations.


Carnival (NYSE: CCL) must change its cruise itineraries after Hurricane Irma decimated most of the Caribbean Islands.

JPMorgan downgraded United Continental (NYSE: UAL) from an Overweight rating to a Neutral rating.


In the broad market, advancing issues outpaced decliners by a margin of 6 to 5 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 held steady at 2,495. Bitcoin tumbled $55 to $3,252.


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