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September 01, 2020 1:37pm
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Flat open ahead of earnings

The markets opened flat with the Dow adding 6 points to 22,779 ahead of third quarter earnings reports. Nasdaq rose 7 points to 6,597.


On the upside


OneMain Holdings (NYSE: OMF) will sell itself.


Shares of Herbalife (NYSE: HLF) continued to rise.


Analysts are optimistic about Advanced Micro Devices' (Nasdaq: AMD) new 14nm Ryzen CPU.

On the downside


K2M Group Holdings (Nasdaq: KTWO) reported preliminary third quarter revenue that was lower than expected and trimmed its full year forecast.


JP Morgan downgraded DaVita (NYSE: DVA) from a Neutral rating to an Underweight rating.

Investors locked in profits on Switch (NYSE: SWCH).


In the broad market, declining issues outpaced advancers by a margin of nearly 6 to 5 on the NYSE and by 5 to 4 on Nasdaq. The broader S&P 500 added 2 points to 2,551. Bitcoin surged $68 to $4,650.


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