Financial News

Markets tumble as crude oil retreats

Retreating crude oil prices weighed the markets down to a lower close with the Dow plummeting 109 points to 24,180. Nasdaq lost 13 points to 6,762.


On the upside


Revance Therapeutics (Nasdaq: RVNC) reported positive results from two Phase 3 clinic trials of RT002 to treat frown lines.


Barnes & Noble Education (NYSE: BNED) impressed with sharply higher second quarter earnings as revenue rose.


G-III Apparel Group (Nasdaq: GIII) reported higher third quarter earnings that surpassed analyst expectations prompting the company to lift its full year earnings outlook.


On the downside


Ascena Retail Group (Nasdaq: ASNA) disappointed with lower third quarter earnings and revenue.


EMCORE (Nasdaq: EMKR) reported higher fourth quarter earnings and revenue but the stock price fell.


Francesca's Holdings (Nasdaq: FRAN) reported lower third quarter earnings and revenue prompting the company to lower its full year forecast.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 fell 9 points to 2,629. Bitcoin jumped $314 to $11,765.


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback