Syria threatened with missile strikes, markets open lower

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President Donald Trump threatened missile strikes against Syria via Twitter. The markets tumbled to open sharply lower with the Dow plunging 134 points to 24,274. Nasdaq dropped 39 points to 7055.


On the upside


Bargain hunters lifted shares of Acadia Pharmaceuticals (Nasdaq: ACAD). 


Hilton Worldwide (NYSE: HLT) priced its secondary offering of 60 million common shares at $73.00 per share.


Rising gold prices lifted shares of AngloGold Ashanti (NYSE: AU).

 

On the downside 


Fastenal (Nasdaq: FAST) reported higher first quarter earnings and revenue but margins fell.


Investors locked in profits on Sprint (NYSE: S).


Babcock & Wilcox (NYSE: BW) announced the retirement of chief financial officer Jenny L. Apker effective June 1, 2018 and amended its rights offering.


In the broad market, advancing issues outpaced decliners by a margin of 6 to 5 on the NYSE and by nearly 4 to 3 on Nasdaq. The broader S&P 500 fell 13 points to 2,643. Bitcoin climbed $76 to $6,939.


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This page contains a single entry by published on April 11, 2018 6:59 AM.

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