Crude oil prices retreated again to send the markets lower during the midday with the Dow tumbling 94 points to 17,891. Nasdaq plummeted 50 points to 4,907.
On the upside
Bargain hunters lifted shares of Eagle Pharmaceuticals (Nasdaq: EGRX).
H&R Block (NYSE: HRB) reported higher fourth quarter earnings and increased its quarterly dividend.
Shares of Emerge Energy Services (NYSE: EMES) surged again.
On the downside
Retreating crude oil prices weighed down shares of California Resources (NYSE: CRC) and Whiting Petroleum (NYSE: WLL).
Investors locked in profits on Second Sight Medical Products (Nasdaq: EYES).
The Shuman Law Firm initiated an investigation into possible breach of fiduciary duties by certain executives of Cobalt International Energy (NYSE: CIE).
In the broad market, declining issues outpaced advancers by a margin of more than 7 to 2 on the NYSE and by nearly 7 to 2 on Nasdaq. The broader S&P 500 tumbled 16 points to 2,098. Bitcoin added $1 to $569.
