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September 01, 2020 1:37pm
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Lower close as Canada files complaint against US

The markets closed lower with the Dow slipping 16 points to 25,369 after Canada filed a complaint with the World Trade Organization against the United States. Nasdaq lost 10 points to 7153.


On the upside


Shares of Eastman Kodak (NYSE: KODK) surged again.


DST Systems (NYSE: DST) may be acquired by SS&C Technologies (Nasdaq: SSNC).


Tandem Diabetes Care (Nasdaq: TNDM) reported sharply higher preliminary fourth quarter revenue.


On the downside


Third quarter revenue for Supervalu (NYSE: SVU) fell short of expectations.


Shares of Ambarella (Nasdaq: AMBA) extended its losses.


Zacks Investment Research lifted its full year earnings expectations for Arrowhead Pharmaceuticals (Nasdaq: ARWR) but the stock price fell.


In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by nearly 6 to 5 on Nasdaq. The broader S&P 500 slipped 3 points to 2,748. Bitcoin gained $41 to $14,460.


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