The markets closed flat with the Dow adding 15 points to 17,229 ahead of the Federal Reserve’s two-day policy setting meeting. Nasdaq edged up a point to 4,750.

On the upside

Shares of DryShips (Nasdaq: DRYS) rose after completing its 1-for-25 reverse stock split on Friday.

Bargain hunters lifted shares of Zogenix (Nasdaq: ZGNX).

Shares of Energous (Nasdaq: WATT) extended its gains.

On the downside

Harte-Hanks (NYSE: HHS) entered a new $110 million senior secured credit facility.

Shares of Capital Product Partners (Nasdaq: CPLP) continued falling.

Retreating crude oil prices weighed down shares of EXCO Resources (NYSE: XCO) and California Resources (NYSE: CRC).

In the broad market, declining issues outpaced advancers by a margin of 9 to 7 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 slipped 2 points to 2,019. Bitcoin edged up to $413.