The markets closed lower with the Dow losing 36 points to 15,521 ahead of the Federal Reserve meeting later this week. Nasdaq fell 14 points to 3599.
On the upside
Third Point acquired a stake in CF Industries Holdings (NYSE: CF).
Brean Capital initiated coverage of 3D Systems (NYSE: DDD) with a Buy rating and a $60 price target.
On the downside
Turquoise Hill (NYSE: TRQ) must receive approval from Mongolia's Parliament for the Oyu Tolgoi project financing prompting a downgrade.
Sohu.com (Nasdaq: SOHU) reported higher second quarter earnings but revenue fell short of analyst expectations.
Key Energy Services (NYSE: KEG) reported a loss for the second quarter last week.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 index slipped 6 points to 1685.
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