Mixed close despite Alibaba's impressive debut

The markets closed mixed with the Dow rising 13 points to 17,279 as Oracle's management change tempered enthusiasm for Alibaba's impressive IPO. Nasdaq lost 13 points to 4,579.

On the upside

Shares of Alibaba Group (NYSE: BABA) leaped in its market debut.

ChinaNet Online Holdings (Nasdaq: CNET) announced a new growth strategy focused on digital advertising services and has engaged in discussions to provide Alibaba (NYSE: BABA) with Micro-Sell 360.

Fairway Group Holdings (Nasdaq: FWM) named Jack Murphy to the position of chief executive officer.

On the downside

Quest Resource Holding (Nasdaq: QRHC) priced its public offering of 9 million common shares at the discounted priced of $1.99 per share.

The SEC may take enforcement action against ITT Educational Services (NYSE: ESI).

Primero Mining (NYSE: PPP) reported a fatal accident involving an employee of a contractor at its San Dimas Mine in Mexico.

In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 eased a point to 2010. Bitcoin slipped $1 to $390.
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