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September 01, 2020 1:39pm
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Lower open after stabbing in Finland

A stabbing in Finland weighed the markets down to a lower open with the Dow losing 26 points to 21,724 as the work. Nasdaq added a point to 6,222.


On the upside


Energy Capital Partners and a consortium of investors will acquire Calpine (NYSE: CPN) for a premium of approximately $5.6 billion in cash.


Ross Stores (Nasdaq: ROST) reported higher second quarter earnings and revenue that topped estimates.


The Gap (NYSE: GPS) reported sharply higher second quarter earnings that beat expectations and lifted its full year earnings outlook.

On the downside


Foot Locker (NYSE: FL) disappointed with sharply lower second quarter earnings that fell short of expectations.


Infosys (NYSE: INFY) chief executive Vishal Sikka resigns.

Deere & Co. (NYSE: DE) reported third quarter earnings that missed estimates.


In the broad market, declining issues outpaced advancers by a margin of 7 to 3 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 lost 3 points to 2,427. Bitcoin dropped $49 to $4270.


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