Mixed close as bond yields rise again

The markets closed mixed with the Dow climbing 59 points to 24,083 as rising bond yields tempered enthusiasm for upbeat earnings. Nasdaq slipped 3 points to 7003.

On the upside

Travelzoo (Nasdaq: TZOO) reported higher first quarter earnings and revenue.

Vicor (Nasdaq: VICR) swung to a profit for the first quarter as revenue rose.

Intrepid Potash (NYSE: IPI) reversed year ago losses to post a profit for the first quarter.

On the downside

Trivago (Nasdaq: TRVG) fell to a loss for the first quarter as revenue slipped prompting the hotel search platform to cut its full year forecast.

The Food and Drug Administration is reviewing Acadia Pharmaceuticals' (Nasdaq: ACAD) Nuplazid, which was approved to treat hallucinations and delusions associated with Parkinson's disease.

First quarter earnings and revenue slipped for HFF (NYSE: HF).

In the broad market, declining issues outpaced advancers by a margin of nearly 4 to 3 on the NYSE and by more than 4 to 3 on Nasdaq. The broader S&P 500 rose 4 points to 2,639. Bitcoin crashed $424 to $9,045.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.