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September 01, 2020 1:37pm
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Higher close on slow trading day

The markets closed higher on a slow trading day with the Dow climbing 63 points to 24,837. Nasdaq added 10 points to 6,950.


On the upside


Shares of GAIN Capital Holdings (NYSE: GCAP) continued to soar on the popularity of cryptocurrency trading.


vTv Therapeutics (Nasdaq: VTVT) shareholder Ronald O. Perelman purchased an additional 50,000 shares of company stock.


Digirad (Nasdaq: DRAD) will sell its Medical Device Sales and Services business unit service contracts to Philips North America for $8 million.


On the downside


Calumet Specialty Products Partners (Nasdaq: CLMT) reported a loss for the fourth quarter.


Investors locked in profits on Fate Therapeutics (Nasdaq: FATE).


Profit taking continued to weigh down shares of Stitch Fix (Nasdaq: SFIX).


In the broad market, advancing issues outpaced decliners by a margin of nearly 2 to 1 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 rose 4 points to 2,687. Bitcoin added $38 to $14,140.


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