The markets opened lower with the Dow losing 36 points to 15,853 even as jobless claims dropped more than expected last week. Nasdaq slipped 6 points to 4031.
On the upside
Plug Power (Nasdaq: PLUG) continued rising after forecasting a profit for 2014 yesterday.
The American College of Obstetricians and Gynecologists now recommends chromosomal microarray analysis as the first-line genetic test in pregnancies showing fetal abnormalities. Shares of molecular diagnostics solutions provider CombiMatrix (Nasdaq: CBMX) surged.
Conn’s (Nasdaq: CONN) reported sharply higher third quarter earnings and revenue that beat analyst expectations prompting the specialty retailer to lift its full year outlook.
On the downside
Electronic Arts (Nasdaq: EA) halted all developments from DICE until problems in Battlefield 4 are fixed.
ReneSola (NYSE: SOL) widened third quarter losses even as revenue soared.
The Wet Seal (Nasdaq: WTSL) widened third quarter losses more than expected and forecast current quarter revenue below expectations.
In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 5 points to 1787. Bitcoin plunged $165.05 or 13.70% to $1,040.00.