The markets closed lower with the Dow losing 34 points to 16,418 as Japan's economic growth slowed and China's exports dropped. Nasdaq eased a point to 4334.
On the upside
The Wall Street Journal reported that a McClatchy Co. (NYSE: MNI) joint venture will sell Cars.com for up to $3 billion.
Shares of Infosonics (Nasdaq: IFON) continued climbing.
Chiquita Brands (NYSE: CQB) will merge with Fyffes in an all stock transaction.
On the downside
eCommerce China Dangdang (NYSE: DANG) dropped after Tencent acquired a 15% stake in JD.com.
Walter Energy (NYSE: WLT) will amend its credit facility.
Shares of Concord Medical Services (NYSE: CCM) continued falling.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 1877. Bitcoin lost $20.09 or 3.15% to $617.20.
