Lower open as trade deficit climbs

The markets opened lower with Dow losing 42 points to 18,027 as the nation's trade deficit climbed to a six-year high. Nasdaq dropped 45 points to 4,971.

On the upside

Billionaire investor George Soros acquired a 5.17% stake in PlasmaTech Biopharmaceuticals (Nasdaq: PTBI).

Golar LNG (Nasdaq: GLNG) entered negotiations for a third GoFLNG vessel.

Clean Diesel Technologies (Nasdaq: CDTI) reported positive preliminary test results for its new synergized-platinum group metal diesel oxidation catalyst technology.

On the downside

Qualys (Nasdaq: QLYS) swung to a profit for the first quarter but the company forecast current quarter results that fell short of analyst expectations.

Investors locked in profits on InterCloud Systems (Nasdaq: ICLD).

The Food and Drug Administration's Division of Anesthesia, Analgesia, and Addiction Products denied a request for a meeting made by AcelRx Pharmaceuticals (Nasdaq: ACRX) to discuss test results for the pain medication Zalviso.

In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 7 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 7 points to 2106. Bitcoin slipped $3 to $234.