(MENAFN- ProactiveInvestors) Wall Street ended mixed Friday amid signs of a possible agreement between Greece and its creditors.
By the close the Dow Jones had added 56 points to 17947. The S&P 500 edged slightly lower to 2101 while the NASDAQ lost 0.6% to 5081.
Euro zone partners offered to release billions in frozen aid in a last-minute push to win Greece's acceptance of a cash-for-reform deal.
Greece's creditors gave its leftist government 24 hours to respond to the proposal a Greek government official said on Friday shortly before an emergency cabinet meeting called by Prime Minister Alexis Tsipras.
Wall Street round-up
() dropped 38 percent to $1.36. The clinical-stage biotechnology company confirmed plans to end all research and development and said it may move to liquidate all assets if it fails to find a buyer.
UnitedHealth Group (NYSE:UNH) added 0.5 percent to $122.96 after the health and well-being company was upgraded to “buy” from “neutral” by Sterne Agee.
Synnex (NYSE:SNX) dropped 9.1 percent to $74.83 after the business process services company said its revenue for the May quarter dropped 5.8 percent missing its own guidance while the business process services company also gave a disappointing outlook for the current quarter.
Micron Technology (NASDAQ:MU) tumbled 18.1 percent to $19.67 after the provider of semiconductor devices said it expects a further decline in prices of chips used in personal computers and forecast revenue for the current quarter well below market estimates.
Nike (NYSE:NKE) rose 3.8 percent to $109.24 after the world's largest footwear maker’s quarterly results were boosted by new products and market-share gains.
Lululemon Athletica (NASDAQ:LULU) slipped 1.1 percent to $66.82 and was last trading up 0.2 percent to $67.68. The sportswear maker is recalling more than 300000 women’s hoodies due to potentially dangerous drawstrings.
Potash (NYSE:POT) fell 1.8 percent to $31.33. Potash is bidding to buy German fertilizer producer K+S sending that company's shares up nearly 40 percent in overseas trading.
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