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Mixed close as investors assess tax plan

The markets closed mixed with the Dow climbing 81 points to 23,516 as investors assessed the impact of the Republican tax plan. Nasdaq eased a point to 6,714.


On the upside


Electro Scientific Industries (Nasdaq: ESIO) swung to a profit for the second quarter as revenue surged.


Two Harbors Investment (NYSE: TWO) completed the distribution of its special stock dividend of Granite Point Mortgage Trust (NYSE: GPMT) common stock.


Dicerna Pharmaceuticals (Nasdaq: DRNA) entered a research collaboration and license agreement with Boehringer Ingelheim to discover and develop novel BalXC RNAi therapeutics to treat chronic liver diseases.

On the downside


Shares of Funko (Nasdaq: FNKO) plummeted on its first trading day.


Impinj (Nasdaq: PI) fell to a greater than expected loss for the third quarter and forecast current quarter revenue below estimates.


Kemet (NYSE: KEM) reversed year ago losses to post a profit for the second quarter but the stock price fell.


In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while advancers outpaced decliners by a margin of nearly 4 to 3 on Nasdaq. The broader S&P 500 held steady at 2,579. Bitcoin rocketed $525 to $7,111.


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