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September 01, 2020 10:18am
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Higher open on last minute Greek talks

The markets opened higher with the Dow rising 60 points to 17,656 as
Greece engaged in last minute talks with euro zone officials. Nasdaq
gained 26 points to 4,984.

On the upside

Genetics (Nasdaq: SGNL) signed a Master Service Agreement with a leading
pharmaceutical to conduct multiple clinical trials using Signal’s
MyPRS(R) genetic test to develop treatments for patients with multiple

Juno Therapeutics (Nasdaq: JUNO) entered a 10-year, $1 billion collaboration agreement with Celgene (Nasdaq: CELG).
Bargain hunters lifted shares of Melco Crown Entertainment (Nasdaq: MPEL).

On the downside

Education (Nasdaq: APOL) reported lower third quarter earnings and
revenue and cut its full year guidance prompting a downgrade.

Standard & Poor’s Ratings Services downgraded the credit rating of Puerto Rico sending shares of MBIA (NYSE: MBI) lower.

Investors locked in profits on Peabody Energy (NYSE: BTU).
the broad market, advancing issues outpaced decliners by a margin of
nearly 7 to 2 on both the NYSE and on Nasdaq. The broader S&P 500
gained 7 points to 2065. Bitcoin climbed $9 to $264.

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