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September 01, 2020 1:39pm
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Higher close as producer prices edge up

The markets closed higher with the Dow gaining 39 points to 22,158 as producer prices edged up 0.2% in August. Nasdaq rose 5 points to 6,460.


On the upside


Ballard Power Systems (Nasdaq: BLDP) introduced the world's first proton exchange membrane fuel cell that uses a non precious metal catalyst.


Inventure Foods (Nasdaq: SNAK) will sell its frozen business to Oregon Potato Company for $50 million.


Loxo Oncology (Nasdaq: LOXO) will present initial clinical data for LOXO-292 at the International Association for the Study of Lung Cancer 18th World Conference on Lung Cancer on October 18, 2017.

On the downside


Massachusetts prepared to sue Equifax (NYSE: EFX) over its security breach.


SharkNinja introduced its new Shark ION Robot robotic vacuum to compete against iRobot's (Nasdaq: IRBT) Roomba.

Shares of TransUnion (NYSE: TRU) tumbled over security concerns.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 added a point to 2,498. Bitcoin rose $2 to $3,886.


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