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Mixed close after tariff exemption decision was postponed

The markets closed mixed with the Dow falling 64 points to 24,099 after a decision on a tariff exemption for the European Union was postponed. Nasdaq climbed 64 points to 7130.


On the upside


Intelsat (NYSE: I) reported higher first quarter revenue that topped estimates.


Nutrisystem (Nasdaq: NTRI) reported better than expected earnings and revenue for the first quarter.


First quarter revenue for Quantenna Communications (Nasdaq: QTNA) rose to beat expectations.

On the downside


Intevac (Nasdaq: IVAC) fell to a loss for the first quarter as revenue plunged.


Shares of Match Group (Nasdaq: MTCH) and IAC/InterActive (NYSE: IAC) plunged after Facebook (Nasdaq: FB) announced plans to add a new dating feature.


Lumber Liquidators (NYSE: LL) reported a wider than expected loss for the first quarter.


In the broad market, advancing issues outpaced decliners by a margin of nearly 6 to 5 on the NYSE and by 3 to 2 on Nasdaq. The broader S&P 500 rose 6 points to 2,654. Bitcoin plummeted $239 to $8,984.


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