The markets closed lower with the Dow falling 33 points to 17,511 due to a drop in July building permits. Nasdaq lost 32 points to 5,059.

On the upside

Sprint (NYSE: S) will eliminate two year contracts.

Rebounding crude oil prices lifted shares of Chesapeake Energy (NYSE: CHK).
 
The TJX Companies (NYSE: TJX) reported higher second quarter earnings and revenue that topped estimates and lifted its full year outlook.
 
On the downside

Aegean Marine Petroleum Network (NYSE: ANW) disappointed with lower second quarter earnings and revenue.

Investors locked in profits on Aquinox Pharmaceuticals (Nasdaq: AQXP).

Legacy Reserves (Nasdaq: LGCY) will participate in the 2015 Citi MLP Conference on August 19 and 20.

In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 lost 5 points to 2,096. Bitcoin fell $7 to $248.