Concerns about a possible rate hike in December weighed the markets down to a lower close with the Dow losing 28 points to 18,240. Nasdaq fell 14 points to 5,292.
On the upside
Shares of Universal Insurance Holdings (NYSE: UVE) rebounded as the center of Hurricane Matthew stayed offshore of Florida and moved north towards Georgia and South Carolina.
Curis (Nasdaq: CRIS) stock continued to climb.
AxoGen (Nasdaq: AXGN) priced its public offering of approximately 2.33 million common shares at the discounted price of $7.50 per share.
On the downside
Shares of Senomyx (Nasdaq: SNMX) tumbled on no news.
Profit taking weighed down shares of Parkway Properties (NYSE: PKY).
Investors locked in profits on Coupa Software (Nasdaq: COUP).
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 fell 7 points to 2,153. Bitcoin rose 4 points to $614.
