The markets opened lower with the Dow falling 35 points to 18,223 as the nation cast their votes in the presidential election. Nasdaq lost 14 points to 5,151.
On the upside
Acadia Pharmaceuticals (Nasdaq: ACAD) reported a smaller than expected loss for the third quarter as revenue surged.
Iamgold (NYSE: IAG) swung to a better than expected profit for the third quarter as revenue rose.
Stone Energy (NYSE: SGY) narrowed losses for the third quarter.
On the downside
Hertz Gobal (NYSE: HTZ) disappointed with sharply lower third quarter earnings that fell short of expectations and cut its full year forecast.
Valeant Pharmaceuticals (NYSE: VRX) fell to a greater than expected loss for the third quarter and cut its outlook for the full year.
Wedbush Securities downgraded OneMain Holdings (NYSE: OMF) from an Outperform rating to a Neutral rating while Merrill Lynch downgraded the company from a Buy rating to an Underperform rating.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 3 on both the NYSE and on Nasdaq. The broader S&P 500 lost 5 points to 2,125. Bitcoin gained $7 to $707.
