Financial News

Mixed close as crude oil retreats

It was a mixed close for the markets with the Dow falling 54 points to 18,868 as crude oil prices retreated. Nasdaq gained 18 points to 5,294.


On the upside


Globus Maritime (Nasdaq: GLBS) and Global Ship Lease (NYSE: GSL) joined the shipping stock rally.


Shares of China Natural Resources (Nasdaq: CHNR) more than doubled on no news.


Voltari (Nasdaq: VLTC) stock surged on no news.


On the downside


Exact Sciences (Nasdaq: EXAS) president and chief executive Kevin T. Conroy sold 600,000 shares of company stock.


Citron Research alleged that Mallinckrodt (NYSE: MNK) overstated Acthar CMS sales.


Iceberg Research said that the stock pricer of Tutor Perini (NYSE: TPC) could plunge up to 55%.


In the broad market, advancing issues outpaced decliners by a margin of 10 to 9 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 3 points to 2,176. Bitcoin surged $25 to $733.

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