Markets advance as Greek banks reopen

The markets advanced during the midday with the Dow rising 29 points to 18,116 as Greek banks reopened. Nasdaq gained 13 points to 5,223.

On the upside

Lennox International (NYSE: LII) reported higher second quarter earnings that topped analyst estimates as revenue rose.

VAALCO Energy's (NYSE: EGY) Southeast Etame 2-H well was brought online at a rate of approximately 3,400 barrels of oil per day.

The acquisition of SolarCity (Nasdaq: SCTY) competitor Vivint Solar (NYSE: VSLR) sparked speculation that SolarCity would be a takeover target.

On the downside

Investors locked in profits on Voltari (Nasdaq: VLTC).

Retreating gold prices weighed down shares of Barrick Gold (NYSE: ABX) and Newmont Mining (NYSE: NEM).

Shares of Peabody (NYSE: BTU) continued falling.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 added 3 points to 2130. Bitcoin added $3 to $275.
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