The markets opened lower with the Dow slipping 19 points to 22,351 as existing home sales fell 1.7% in August. Nasdaq eased 2 points to 6,459.
On the upside
Alnylam Pharmaceuticals (Nasdaq: ALNY) reported positive results from the APOLLO Phase 3 study of patisiran in hereditary ATTR amyloidosis with polyneuropathy.
Facts Reporter issued an investor research report on International Game Technology (NYSE: IGT) noting that the company had a consensus recommendation rating of 2.2 on a scale from 1 to 5 with 1 being a Strong Buy and 5 being a Strong Sell.
Analysts expect USG (NYSE: USG) to report quarterly sales of $803.29 million.
On the downside
Bed Bath & Beyond (Nasdaq: BBBY) disappointed with sharply lower second quarter earnings that fell far short of analyst expectations.
First quarter earnings and revenue missed expectations for General Mills (NYSE: GIS).
Western Digital (Nasdaq: WDC) lost its bid to buy Toshiba's semiconductor business.
In the broad market, advancing issues outpaced decliners by a margin of 3 to 2 on the NYSE and by more than 4 to 3 on Nasdaq. The broader S&P 500 held steady at 2,506. Bitcoin gained $30 to $3,927.
