The nation's budget deficit expanded in August to $107 billion sending the markets tumbling to a sharply lower close with the Dow crashing 258 points to 18,066. Nasdaq plunged 56 points to 5,155.
On the upside
Bargain hunters lifted shares of Nymox Pharmaceutical (Nasdaq: NYMX).
Citigroup upgraded Liberty Media Group (Nasdaq: LMCA) from a Neutral rating to a Buy rating.
Corbus Pharmaceuticals (Nasdaq: CRBP) completed enrollment in a Phase 2 clinical study of Resunab to treat cystic fibrosis.
On the downside
Fourth quarter revenue for Applied Genetic Technologies (Nasdaq: AGTC) fell short of expectations.
Falling crude oil prices weighed down share of Approach Resources (Nasdaq: AREX).
Profit taking weighed down shares of Dynegy (NYSE: DYN).
In the broad market, declining issues outpaced advancers by a margin of 8 to 1 on the NYSE and by more than 4 to 1 on Nasdaq. The broader S&P 500 plummeted 32 points to 2,127. Bitcoin added $2 to $609.
