The markets extended its losses during the midday with the Dow plunging 110 points to 15,732 as jobless claims climbed last week. Nasdaq slipped 6 points to 3997.
On the upside
Shares of CytRx (Nasdaq: CYTR) soared again after reporting upbeat trial results Tuesday after market close.
Hilton Hotels (NYSE: HLT) stock climbed on its first trading day.
Shares of Aramark Holdings (NYSE: ARMK) climbed in its market debut.
On the downside
SunEdison (NYSE: SUNE) lowered its fourth quarter and full year revenue outlook.
Ciena (Nasdaq: CIEN) narrowed fourth quarter losses but the results missed analyst expectations.
Alpha Natural Resources (NYSE: ANR) will sell $250 million worth of convertible senior notes.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on the NYSE and by nearly 10 to 9 on Nasdaq. The broader S&P 500 fell 6 points to 1775. Bitcoin dropped $80.04 or 8.38% to $875.58.
