The markets closed mixed with the Dow easing a point to 18,472 as the Federal Reserve held interest rates steady but noted that the economy was strengthening and left open the possibility of a rate hike later this year. Nasdaq climbed 29 points to 5,139.
On the upside
Shares of Xtera Communications (Nasdaq: XCOM) climbed for the fourth day.
LogMeIn (Nasdaq: LOGM) will merge with Citrix's (Nasdaq: CTXS) GoTo business.
The Food and Drug Administration conditionally accepted Evoke Pharma's (NYSE: EVOK) proprietary brand name for EVK-001.
On the downside
Anavex Life Sciences (Nasdaq: AVXL) reported disappointing results from a Phase 2a study of ANAVEX 2-73 in patients with mild-to-moderate Alzheimer's disease.
The Justice Department is investigating Alere (NYSE: ALR) for its bill collection practices.
Shares of SkyPeope Fruit Juice (Nasdaq: SPU) fell for the second day in a row as investors locked in profits.
In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE while advancers edged out decliners by more than 9 to 7 on Nasdaq. The broader S&P 500 slipped 2 points to 2,166. Bitcoin edged up to $652.
