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Markets recover as consumer sentiment rises

The markets recovered early morning losses during the midday with the Dow easing a point to 17,077 as consumer sentiment rose. Nasdaq gained 15 points to 4573.

On the upside 

Veeva Systems (NYSE: VEEV) reported higher second quarter earnings and revenue that beat analyst expectations, forecast current quarter results ahead of estimates and lifted its full year outlook.

Les Echos reported that Criteo (Nasdaq: CRTO) may be acquired by Publicis Groupe.

Shares of Digital Ally (Nasdaq: DGLY) continued soaring.

On the downside 

Zoe’s Kitchen (NYSE: ZOES) reported higher second quarter earnings and revenue but the stock price dropped.

Profit taking continued to weigh down Sunesis Pharmaceuticals (Nasdaq: SNSS).

Investors locked in profits on Amicus Therapeutics (Nasdaq: FOLD). 

In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 rose 3 points to 2000. Bitcoin added $3 to $508.

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