The markets closed flat with the Dow adding 5 points to 16,781 despite a gain in factory production as oil prices advanced. Nasdaq rose 10 points to 4,321.
On the upside
Forbes listed Aveo Pharmaceuticals (Nasdaq: AVEO) as one of five biotech stocks with the potential to be acquired at a premium of at least 100%.
Northwest Biotherapeutics (Nasdaq: NWBO) was added to the Russell Global index and the Russell 3000 index.
Shares of China Digital TV (NYSE: STV) continued climbing.
On the downside
Sabine Oil & Gas withdrew an $850 million loan that was to be used to acquire Forest Oil (NYSE: FST).
Shares of YPF(Nasdaq: YPF) plummeted after the Supreme Court upheld lower court rulings that Argentina must pay billions to holders of defaulted bonds.
RPG Specialty Lending (NYSE: TSLX) extended its losses.
In the broad market, advancing issues were on par with decliners on the NYSE while advancers edged out decliners by more than 10 to 9 on Nasdaq. The broader S&P 500 edged up a point to 1937. Bitcoin gained $20.95 or 3.53% to $593.21.
