Markets fall on negative German bond yield

German bond yields fell into negative territory to weigh the markets down to a lower close with the Dow dropping 57 points to 17,674. Nasdaq slipped 4 points to 4,843.


On the upside


Exact Sciences (Nasdaq: EXAS) will present at the William Blair 36th Annual Growth Stock Conference tomorrow in Chicago.


First quarter earnings slipped for Motorcar Parts of America (Nasdaq: MPAA) but revenue climbed.

Shares of Perrigo (NYSE: PRGO) extended its gains.


On the downside


Stifel downgraded Navistar International (NYSE: NAV) from a Hold rating to a Sell rating.


Seven companies have expressed interest in buying Petrobras' (NYSE: PBR) Japanese unit on Okinawa.


The sale of Citigroup's (NYSE: C) Brazilian retail banking operations could take up to three months.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 lost 3 points to 2,075. Bitcoin tumbled $15 to $674.

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