Disappointingly slow job creation by the private sector sent the markets down to a lower open with the Dow plunging 190 points to 10,065. Nasdaq tumbled 36 points to 2266.
On the upside
Private investment firm Wellspring Capital Management will acquire Omni Energy Services (Nasdaq: OMNI) for approximately $57.8 million.
Second quarter earnings for Quiksilver (Nasdaq: ZQK) more than tripled to surpass analyst expectations.
Arrowhead Research (Nasdaq: ARWR) subsidiary Unidym and Tokyo Electron will jointly develop manufacturing equipment for carbon nanotube based displays and solar cells.
On the downside
Bottomline Technologies (Nasdaq: EPAY) priced its offering of 4.2 million common shares at $14.50 per share.
Dell (Nasdaq: DELL) chief executive Michael Dell said that taking the company private had been a consideration.
Pfizer (NYSE: PFE) recalled the intravenous antibiotics metronidazole and ciprofloxacin along with the nausea medication ondansetron.
In the broad market, declining issues outpaced advancers by a margin of nearly 8 to 1 on the NYSE and by nearly 9 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks dropped 12 points to 654.
