Markets tumble as crude oil retreats

Retreating crude oil prices weighed the markets down during the midday with the Dow tumbling 107 points to 17,895. Nasdaq fell 24 points to 4,882.


On the upside


TheStreet listed Macrocure (Nasdaq: MCUR) as a breakout stock under $10.


Shares of Legacy Reserves (Nasdaq: LGCY) climbed for the sixth day in a row.


Viking Therapeutics (Nasdaq: VKTX) extended its gains.

On the downside


Perrigo (NYSE: PRGO) cut its first quarter outlook and announced the resignation of chief executive Joseph Papa.


Investors continued to lock in profits on Uni-Pixel (Nasdaq: UNXL).


Trovagene (Nasdaq: TROV) named William Welch to the position of chief executive officer.


In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 1 on the NYSE and by 2 to 1 on Nasdaq. The broader S&P 500 dropped 10 points to 2,081. Bitcoin rose $3 to $455.

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