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September 01, 2020 10:27am
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Mixed open even as oil prices rise

The markets opened mixed with the Dow rising 8 points to 17,015 while Nasdaq fell 24 points to 4,692 even as crude oil prices rose.


On the upside


Rex Energy (Nasdaq: REXX) stock continued climbing after extending its senior notes exchange offer on Friday.


Rising iron ore prices lifted shares of Cliffs Natural Resources (NYSE: CLF).


Shares of Bonanza Creek Energy (NYSE: BCEI) and Halcon Resources (NYSE: HK) soared as crude oil prices continued to rise.


On the downside


Investors locked in profits on SeaDrill (NYSE: SDRL).


Celldex Therapeutics (Nasdaq: CLDX) ended a Phase 3 clinical trial of its brain cancer vaccine Rintega.


comScore (Nasdaq: SCOR) delayed filing its annual report and suspended its stock repurchase plan.


In the broad market, declining issues outpaced advancers by a margin of nearly 10 to 9 on the NYSE while advancers edged out decliners by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 5 points to 1,994. Bitcoin added $1 to $411.

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