Concerns about an interest rate increase sent the markets down to a lower close with the Dow plummeting 128 points to 17,849. Nasdaq rose 7 points to 4,937.
On the upside
Qunar Cayman Islands (Nasdaq: QUNR) widened losses for the fourth quarter but revenue more than doubled.
Veeva Systems (NYSE: VEEV) was selected to be GSK's global multichannel CRM partner.
JinkoSolar (NYSE: JKS) reported that there were no casualties from a fire at a raw material processing workshop and the incident would have no material impact on operations, financials or delivery commitments.
On the downside
magicJack VocalTec (Nasdaq: CALL) widened fourth quarter losses more than expected.
CHC Group (NYSE: HELI) disappointed by widening losses significantly for the fourth quarter.
StemCells (Nasdaq: STEM) widened losses for the fourth quarter.
In the broad market, declining issues outpaced advancers by a margin of more than 7 to 5 on the NYSE and by 5 to 4 on Nasdaq. The broader S&P 500 slipped 6 points to 2074. Bitcoin lost $4 to $284.
Markets drop over rate concerns
March 17, 2015 at 18:07 PM EDT