The markets turned negative during the midday with the Dow falling 41 points to 17,863 as an upbeat jobs report fueled concerns of a rate hike. Nasdaq held steady at 5,059.

On the upside

Shares of David’s Tea (Nasdaq: DTEA) surged on its first trading day.

Evolent Health (NYSE: EVH) stock soared in its market debut.

Anthera Pharmaceuticals (Nasdaq: ANTH) announced additional upbeat data for its Phase 2b PEARL-SC study of blisibimod.
 
On the downside

Esterline Technologies (NYSE: ESL) disappointed with sharply lower second quarter earnings that fell far short of analyst expectations prompting the company to cut its full year outlook.

Shares of Caesars Entertainment (Nasdaq: CZR) continued falling.

Lands’ End (Nasdaq: LE) reported sharply lower first quarter earnings and revenue.
 
In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE while advancer edged out decliners by 10 to 9 on Nasdaq. The broader S&P 500 slipped 2 points to 2093. Bitcoin added a point to $225.