Drop in crude oil weighs down markets

|

A drop in crude oil prices weighed the markets down to a lower close with the Dow falling 30 points to 20,547. Nasdaq lost 6 points to 5,910.


On the upside


Briggs & Stratton (NYSE: BGG) reported higher third quarter earnings that topped analyst estimates and the company declared a quarterly cash dividend of 14 cents per common share payable on June 30, 2017 to shareholders of record June 16, 2017.


Shares of Akari Therapeutics (Nasdaq: AKTX) surged on no news.


CAI International (NYSE: CAI) reported better than expected earnings for the first quarter.


On the downside


First quarter revenue slipped for Electronics for Imaging (Nasdaq: EFII).


Aevi Genomic Medicine (Nasdaq: GNMX) presented new data from the SAGA trial of AEVI-001 at the 6th World Congress on ADHD.

 

Shares of MannKind (Nasdaq: MNKD) fell for the seventh day.


In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on the NYSE and by 7 to 5 on Nasdaq. The broader S&P 500 index fell 7 points to 2,348. Bitcoin edged up to $1239.


About this Entry

This page contains a single entry by published on April 21, 2017 3:11 PM.

3-years probation for Volkswagen was the previous entry in this blog.

Markets soar on French election result 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