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September 01, 2020 1:43pm
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Mixed close as existing home sales fall

The markets closed mixed with the Dow dropping 66 points to 21,513 as June existing home sales fell amidst record prices. Nasdaq gained 23 points to 6,410.


On the upside


Shopify (NYSE: SHOP) announced the winners of its first BEASTMODE-A-Business competition, in partnership with Oakland Raiders running back Marshawn Lynch, theFam 1st Family Foundation, and Hingeto.


BidaskClub upgraded Axovant Sciences (NYSE: AXON) from a Hold rating to a Buy rating.


The Tesla (Nasdaq: TSLA) Model 3 delivery event is scheduled for Friday, July 28 at 7pm (PT).

On the downside


Shares of U.S. Silica Holdings (NYSE: SLCA) continued falling.


Second quarter earnings for Manpower Group (NYSE: MAN) fell short of expectations.

Halliburton (NYSE: HAL) warned that rig count growth in North America would flatten.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 4 on the NYSE while advancers edged out decliners by more than 9 to 8 on Nasdaq. The broader S&P 500 slipped 2 points to 2,469. Bitcoin rose $7 to $2705.


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