The markets turned negative during the midday with the Dow losing 47 points to 15,482 ahead of comments by the Federal Reserve. Nasdaq slipped 3 points to 3742.
On the upside
Shares of Benefitfocus (Nasdaq: BNFT) surged in its market debut.
Controladora Vuela (NYSE: VLRS) stock soared on its first trading day.
Sohu.com (Nasdaq: SOHU) subsidiary Sogou paid a special dividend to Series A preferred shareholders.
On the downside
Caesars Entertainment (Nasdaq: CZR) will raise approximately $4.85 billion through bonds and loans in order to refinance its debt.
Five Below (Nasdaq: FIVE) announced a secondary offering of 7.1 million common shares.
DragonWave (Nasdaq: DWI) priced its public offering of approximately 11.9 million units at the discounted price of $2.10 per unit.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 slipped 2 points to 1701.
