The markets traded mixed during the midday with the Dow falling 32 points to 18,130 while Nasdaq gained 14 point to 5,256.
As part of its emissions scandal settlement, Volkswagen will buy back 25,000 Audi diesel engine cars. The German automaker said that these older generation cars cannot be upgraded to comply with emissions standards. Volkswagen will also fix 85,000 Audis.
A cyber attack on systems that are run by Dyn on the East Coast of the U.S. took down many Internet sites early Friday morning. The distributed denial of service attack impacted Twitter, Netflix and Spotify. Dyn notified customers about the attack on its website.
Kodak is developing a smartphone with an exceptional camera. The Kodak Ektra will have a more powerful lens to take higher quality photos. The 21-megapixel camera will be equipped with optical image stabilization and auto focus. The device will be available later this year in Europe.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 slipped 2 points to 2,139. Bitcoin rose $3 to $631.
