The markets extended its losses during the midday with the Dow plunging 117 points to 17,811. Nasdaq lost 15 points to 4,794.
On the upside
Bargain hunters lifted shares of ChemoCentryx (Nasdaq: CCSI).
StemCells (Nasdaq: STEM) extended its gains.
Intrepid Potash (NYSE: IPI) stock rose for a second day.
On the downside
First quarter earnings and revenue dropped for Macy's (NYSE: M) prompting the department store operator to cut its full year forecast.
Disappointing results from Fossil Group (Nasdaq: FOSL) weighed down shares of Michael Kors (NYSE: KORS).
Disney (NYSE: DIS) reported second quarter earnings and revenue that fell short of expectations.
In the broad market, declining issues barely edged out advancers by a slim margin on the NYSE while decliners outpaced advancers by nearly 5 to 4 on Nasdaq. The broader S&P 500 dropped 8 points to 2,076. Bitcoin added $1 to $451.
