Crude oil prices slipped to weigh the markets down to a lower close with the Dow dropping 85 points to 18,168. Nasdaq lost 11 points to 5,289.
On the upside
Endurance Specialty Holdings (NYSE: ENH) is engaged in advanced discussions with Sompo Holdings for a potential strategic transaction.
Bloomberg wrote over the weekend that live streaming offers enormous growth potential for Momo (Nasdaq: MOMO).
Team Health Holdings (NYSE: TMH) may be taken private.
On the downside
Shares of Great Basin Scientific (Nasdaq: GBSN) extended its losses.
Zacks Equity Research added Syntel (Nasdaq: SYNT) to its Strong Sell list.
Costamere (NYSE: CMRE) entered a new loan agreement, refinanced two credit facilities and cut its quarterly dividend to 10 cents per common share payable on November 4, 2016 to shareholders of record October 21, 2016.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 fell 10 points to 2,150. Bitcoin slipped $2 to $608.
