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September 01, 2020 10:18am
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Mixed markets as crude oil retreats

The markets traded mixed during the midday with the Dow falling 69 points to 18,050 as crude oil prices retreated. Nasdaq climbed 27 points to 5,190.

On the upside

Shares of Rapid7 (Nasdaq: RPD) surged on its first trading day.

Google (Nasdaq: GOOG) said that Etsy (Nasdaq: ETSY) has experienced an increase in traffic due to deep linking.
 
Allscripts Healthcare Solutions (Nasdaq: MDRX) reported preliminary second quarter results above analyst expectations.
 
On the downside

MSB Financial (Nasdaq: MSBF) completed its stock offering.

Shares of Jupai Holdings (NYSE: JP) fell after its initial public offering yesterday.

RedHill Biopharma (Nasdaq: RDHL) priced its public offering of 2.462 million American Depositary Shares at the discounted price of $16.25 per ADS.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 2 points to 2121. Bitcoin slipped $1 to $276.

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