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September 01, 2020 10:27am
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Dow Tops 15,000

The Dow broke the 15,000 mark again by gaining 49 points to 15,018 during the midday. Nasdaq eased 2 points to 3390.

On the upside

Fossil (Nasdaq: FOSL) reported higher first quarter earnings and revenue that surpassed analyst expectations.

First quarter earnings climbed for EOG Resources (NYSE: EOG) to beat expectations as revenue rose.

Nautilus (NYSE: NLS) reported sharply higher first quarter earnings that more than doubled as revenue climbed and margins improved.

On the downside

Cutera (Nasdaq: CUTR) reported a wider than expected loss for the first quarter as revenue fell short of expectations.

Albany Molecular Research (Nasdaq: AMRI) swung to a profit for the first quarter but the stock price dropped.

Quicksilver Resources (NYSE: KWK) reported a loss for the first quarter and cancelled the proposed initial public offering of a master limited partnership.

  

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 index rose 4 points to 1622.

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