The markets closed mixed with the Dow adding 11 points to 16,179 as gold prices tumbled in response to the Federal Reserve’s tapering announcement yesterday. Nasdaq slipped 11 points to 4058.
On the upside
Reuters reported that Dish Network (Nasdaq: DISH) may be interested in purchasing T-Mobile (NYSE: TMUS).
ConAgra (NYSE: CAG) reported higher second quarter earnings that surpassed analyst expectations as revenue climbed.
First quarter earnings rose for Accenture (NYSE: ACN) to beat analyst expectations prompting the management consulting firm to lift its full year guidance.
On the downside
Falling gold prices weighed down shares of Gold Fields (NYSE: GFI).
First quarter earnings slipped for Actuant (NYSE: ATU) to fall short of expectations and the company forecast current quarter earnings below estimates.
First Niagara Financial Group (Nasdaq: FNFG) named interim chief executive to the position of president and permanent chief executive.
In the broad market, declining issues outpaced advancer by a margin of more than 7 to 5 on the NYSE and by 5 to 3 on Nasdaq. The broader S&P 500 eased a point to 1809. Bitcoin soared $125.04 or 21.45% to $708.00.
