Flat open ahead of Trumps Afghanistan announcement

The markets opened flat with the Dow slipping 3 points to 21,671 ahead of President Donald Trump's announcement about Afghanistan tonight. Nasdaq held steady at 6,216.


On the upside


Herbalife (NYSE: HLF) will repurchase $600 million in common stock after negotiations to be taken private fell through.


Second quarter earnings surged for 58.com (NYSE: WUBA) as revenue climbed.


Great Wall Motor may make an offer to acquire Fiat Chrysler (NYSE: FCAU).

On the downside


Jefferies downgraded Nike (NYSE: NKE) from a Buy rating to a Hold rating.


Shares of Footlocker (NYSE: FL) extended its losses.

Infosys (NYSE: INFY) stock continued to fall.


In the broad market, declining issues outpaced advancers by a margin of more than 4 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 held steady at 2,425. Bitcoin tumbled $82 to $4010.


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