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Market News: Under Armour, OvaScience, Incyte Corporation

The stock markets in the United States ended the trading session with mixed results today. The Dow Jones Industrial Average (DJIA) climbed 0.30% and the S&P 500 rose 0.12%. The NASDAQ and the Russell 2000 declined 0.59% and 0.61%, respectively.

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Commenting on the market trends, Kevin Caron, a market strategist and portfolio manager at Stifel Nicolaus & Co told Bloomberg, “When we have spikes in volatility, like we did at the end of August, that’s normally followed by some additional choppiness until it peters out.”

Caron added that it is not common to see such movement in the equity markets around key changes such as the monetary policy of the Federal Reserve. He said, “We still have this lingering volatility that we’re working through.”

The market experienced volatility amid...


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