Flat close over European concerns

The markets closed flat with the Dow easing 2 points to 17,612 while Nasdaq gained 14 points to 4,675 over European growth concerns.

On the upside

Achillion Pharmaceuticals (Nasdaq: ACHN) reported positive interim results from a Phase II study of the hepatitis C treatment ACH-3102.

Matson (NYSE: MATX) will acquire Horizon Lines in a deal valued at approximately $456.1 million including the repayment of debt.

Everyday Health (NYSE: EVDY) narrowed third quarter losses more than expected as revenue rose and the company forecast current quarter revenue ahead of estimates.

On the downside

Shares of Wayfair (NYSE: W) extended its losses.

Disappointing results from Plug Power (Nasdaq: PLUG) weighed down shares of Ballard Power Systems (Nasdaq: BLDP).

Rice Energy (NYSE: RICE) narrowed losses for the third quarter but the results fell short of analyst expectations.

In the broad market, advancing issues outpaced decliners by a margin of nearly 5 to 4 on the NYSE and by 3 to 2 on Nasdaq. The broader S&P 500 slipped a point to 2038. Bitcoin climbed $39 to $405.
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