DOW STUMBLES, NASDAQ CLOSES IN ON ALL-TIME HIGH: Here's what you need to know

Mathieu Belanger/Reuters

Stocks moved by less than 1% for a record 13th straight day, as the market remained fairly placid.

The Dow and S&P 500 alternated between positive and negative territory, but ultimately finished in the red, while the Nasdaq approached its all-time closing high of  5,218.86.

Before we get to the big headlines, let's head to the scoreboard:

• Dow: 18,404.51 (-27.73, -0.15%)
• S&P 500: 2,170.84 (-2.76, -0.13%)
• Nasdaq: 5,184.20 (+22.06, +0.43%)
• WTI Crude oil: $40.07 (-1.53, -3.68%)
• 10-year Treasury yield: 1.496 (+0.038, +2.61%)

1. SolarCity agreed to a $2.6 billion deal with Tesla. The solar panel firm and electric carmaker finalized an all-stock deal, combining two of Elon Musk's public companies. The combination valued SolarCity at $25.37 per share.
2. Uber sold off it's Chinese business for $35 billion. Uber, the massive ride sharing company, said it was merging its Chinese operations with rival Didi Chuxing. As part of the deal, Didi will invest $1 billion in Uber Global.
3. Verizon is buying Fleetmatics for $2.4 billion. A week after acquiring Yahoo's core businesses for $4.8 billion, the telecom giant bought Fleetmatics, which helps track businesses vehicles using GPS.
4. Crude oil fell under $40 a barrel. This was the first time the US benchmark, West Texas Intermediate, has dropped below that level since mid-April.
5. Markit manufacturing PMI jumped to 52.9. The index came in right in-line with expectations and indicated the sector is in expansionary territory.
6. One of America's largest movie theater chains, AMC, blamed its bad earnings on bad movies. AMC entertainment missed expectations on both profit and revenue. In its release, the firm blamed the "lackluster film slate" for its quarterly struggles.Shares of the company fell over 3% for the day.
7. Amazon passed ExxonMobil to become the 4th most valuable company in the world. At $351 billion, Exxon's market cap ranks it as the 6th most valuable public company in the US. Each of the five most valuable companies are in the tech industry. 

Additionally:

SolarCity and Tesla used the word that should freak out a lot of their employees

GOLDMAN: Sell stocks

The Olympics won't save Brazil

The stock market is starting to buck a trend that's been around since 1995

There's one reason a big chunk of Americans have 'negative wealth'

DIDI INVESTOR: We're glad the 'nuclear warfare' has stopped

Stephen Curry isn't helping Under Armour in an important market