Trading on the New York Stock Exchange has been suspended due to a technical problem. Stocks on other exchanges continue to be traded. The markets extended its losses during the midday with the Dow collapsing 209 points to 17,567 over concerns about China and Greece. Nasdaq plummeted 74 points to 4,922.
On the upside
Bargain hunters lifted shares of Raptor Pharmaceuticals (Nasdaq: RPTP).
Investors snapped up shares of Qunar Cayman Islands (Nasdaq: QUNR).
On the downside
Shares of Ballard Power Systems (Nasdaq: BLDP) continued falling after closing its U.S. offering yesterday.
JPMorgan downgraded Enphase Energy (Nasdaq: ENPH) from an Overweight rating to a Neutral rating and cut its price target from $16 to $10.
RBC Capital Markets downgraded Harley-Davidson (NYSE: HOG) from an Outperform rating to a Sector Perform rating and slashed its price target from $66 to $59.
Pacific Crest downgraded Tesla Motors (Nasdaq: TSLA) from an Overweight rating to a Sector Weight rating.
In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 plunged 27 points to 2053. Bitcoin added $3 to $268.
Trading on NYSE suspended
July 08, 2015 at 13:48 PM EDT