Despite a strong 1.8% gain in construction spending in July, the markets traded mixed during the midday with the Dow dropping 54 points to 17,044. Nasdaq added 6 points to 4587.
On the upside
Shares of Image Sensing Systems (Nasdaq: ISNS) surged again.
Thoma Bravo will take Compuware (Nasdaq: CPWR) private for approximately $2.5 billion.
China HGS Real Estate (Nasdaq: HGSH) signed an agreement to rebuild the shanty areas surrounding the Lianhuachi Area in the Hantai District, Hanzhong City.
On the downside
Profit taking weighed down shares of RadioShack (NYSE: RSH).
Cloud Peak Energy (NYSE: CLD) lowered its full year coal shipment and earnings guidance.
Sinovac Biotech (Nasdaq: SVA) will participate in four upcoming investor conferences.
In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE while advancers barely edged out decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 4 points to 1998. Bitcoin added $3 to $482.
