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September 01, 2020 1:29pm
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Flat open after Port Authority explosion

The markets opened flat with the Dow adding 9 points to 24,338 after an explosion at the Port Authority bus terminal. Nasdaq rose 7 points to 6,847.


On the upside


bluebird bio (Nasdaq: BLUE) reported positive updated data from an ongoing HGB-205 clinical study of LentiGlobin to treat severe sickle cell disease and transfusion-dependent B-thalassemia.


Pennsylvania selected CenturyLink (NYSE: CTL) as its network provider.


Bargain hunters lifted shares of Southwestern Energy (NYSE: SWN).


On the downside


Juno Therapeutics (Nasdaq: JUNO) and Celgene (Nasdaq: CELG) reported additional upbeat data from the TRANSCEND study of JCAR017 at dose level two but the stock price fell.


Seattle Genetics (Nasdaq: SGEN) presented data from a Phase 3 ECHELON-1 clinical trial of ADCETRIS to treat advanced Hodgkin lymphoma.


SCANA (NYSE: SCG) has proposed offering its failed nuclear reactor project at the Fairfield County site to South Carolina state utility Santee Cooper.


In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 3 to 2 on Nasdaq. The broader S&P 500 added a point to 2,652. Bitcoin rocketed $1,890 to $16,150.


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