Markets tumble on escalating North Korean tensions

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Escalating tensions with North Korea sent the markets tumbling to a lower open with the Dow falling 63 points to 22,022 . Nasdaq dropped 48 points to 6,322.


On the upside


Achillion Pharmaceuticals (Nasdaq: ACHN) reported a second quarter loss that was inline with expectations and achieved proof of concept for ACH-4471.


Hertz Global Holdings (NYSE: HTZ) widened losses for the second quarter but the car rental company reported increasing revenue per day for the current quarter.


Acadia Pharmaceuticals (Nasdaq: ACAD) narrowed second quarter losses more than expected.

 

On the downside


Vitamin Shoppe (NYSE: VSI) fell to a loss for the second quarter.


Surgery Partners (Nasdaq: SGRY) fell to a second quarter loss as revenue slipped.

 

Fossil Group (Nasdaq: FOSL) fell to a loss for the second quarter and announced the resignation of chief financial officer Dennis R. Secor.


In the broad market, declining issues outpaced advancers by a margin of more than 7 to 3 on the NYSE and by a margin of nearly 7 to 3 on Nasdaq. The broader S&P 500 fell 9 points to 2,465. Bitcoin plunged $67 to $2918.


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This page contains a single entry by published on August 9, 2017 6:53 AM.

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