Closing Bell: Whole Foods Mulls Board Shakeup; Nasdaq Scores Fresh Record Close




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Summary: Wall Street ended mixed with the Nasdaq at a new record and the Dow Jones Industrial Average lower after the shock firing of FBI Director Comey. Energy drove the bulk of gains on markets after crude oil enjoyed its best one-day gain since December. Whole Foods Market was active this afternoon on reports of a board shakeup. The supermarket chain will reportedly name a new chairman and replace more than half of its board, a possible move to appease activist investor Jana Partners. Abercrombie & Fitch rebounded from its worst levels in 17 years on reports the retailer is mulling takeover interest. Abercrombie has reportedly hired investment bank Perella Weinberg to help evaluate offers. Electronic Arts rallied after reporting a double-digit increase in quarterly revenue and approving a fresh $1.2 billion share repurchase plan. Quarterly sales rose nearly 17%