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September 01, 2020 1:41pm
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Mixed open after UK bombing

The markets opened mixed with the Dow rising 29 points to 20,924 after a bomb killed 22 people during an Ariana Grande concert in the UK. Nasdaq lost 5 points to 6,128.


On the upside


Take-Two (Nasdaq: TTWO) impressed with sharply higher fourth quarter earnings and revenue that beat expectations.


Nokia (NYSE: NOK) settled a patent dispute with Apple (Nasdaq: AAPL) by entering a new license agreement and business deal that will provide Nokia with an upfront cash payment.


Agilent Technologies (NYSE: A) reported sharply higher second quarter earnings that topped analyst estimates.


On the downside


Momo (Nasdaq: MOMO) reported higher first quarter earnings and revenue but the stock price fell.


Kosmos Energy (NYSE: KOS) announced a secondary offering of 40 million common shares at the discounted price of $7.25 per share.

Wells Fargo downgraded Xilinx (Nasdaq: XLNX) from an Outperform rating to a Market Perform rating.


The broader S&P 500 added 2 points to 2,396. Bitcoin soared $82 to $2229.


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