Mixed close on shortened trading day

The markets closed mixed on a shortened trading day with the Dow soaring 129 points to 21,479 over flat construction spending in May. Nasdaq dropped 30 points to 6,110.


On the upside


Telecom Argentina (NYSE: TEO) will merge with Cablevision.


Shares of Rowan Cos. (NYSE: RDC) and Teekay (NYSE: TK) rose along with the oilfield services sector after GE (NYSE: GE) completed its acquisition of Baker Hughes.


Brixmore Property Group (NYSE: BRX) began trading ex-dividend today.


On the downside


Patrick K. Mullen assumed the role of Chicago Bridge & Iron (NYSE: CBI) president and chief executive.


Retreating silver prices weighed down shares of Endeavour Silver (NYSE: EXK) and First Majestic Silver (NYSE: AG).

Shares of Alamos Gold (NYSE: AGI), Coeur Mining (NYSE: CDE), Hecla Mining (NYSE: HL) and Iamgold (NYSE: IAG) all fell as gold prices slipped.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 rose 5 points to 2,429. Bitcoin climbed $55 to $2526.


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