Markets tumble over disappointing jobs data

|
Disappointing jobs data sent the markets lower during the midday with the Dow plummeting 126 points to 17,649.  Nasdaq fell 38 points to 4,862.

On the upside

Shares of GoDaddy (NYSE: GDDY) surged in its market debut.

Bloomberg reported that Brazilian president Dilma Rousseff announced plans to renew confidence in Petrobras (NYSE: PBR) by releasing audited financial statements and enforcing stricter compliance of rules.

Trillium Therapeutics (Nasdaq: TRIL) priced its public offering of 1.52 million common shares at $19.50 per share.

On the downside

Shares of Vaalco Energy (NYSE: EGY) extended its losses.

Campus Crest Communities (NYSE: CCG) will not pay any dividends to common stockholders in 2015 and has suspended dividend payments on Series A Cumulative Redeemable Preferred Shares.
 
Coherus Biosciences (Nasdaq: CHRS) priced its public offering of more than 4.13 million common shares at the discounted price of $29 per share.

In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE while decliners edged out advancers by more than 7 to 5 on Nasdaq. The broader S&P 500 dropped 13 points to 2054. Bitcoin slipped $2 to $241.

About this Entry

This page contains a single entry by published on April 1, 2015 9:17 AM.

Disappointing jobs data sends markets tumbling was the previous entry in this blog.

Lower close as factory activity expands at slower pace is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 5.12