The markets recovered early morning losses but continued trading in negative territory during the midday with the Dow falling 36 points to 16,117 even as crude oil prices rose over $31 per barrel. Nasdaq tumbled 61 points to 4,455.
On the upside
UltimateStockAlerts.com identified Voltari (Nasdaq: VLTC) as a small cap stock with great upside potential.
First quarter earnings and revenue rose for Energizer Holdings (NYSE: ENR).
Kulicke and Soffa Industries (Nasdaq: KLIC) reported a smaller than expected loss for the first quarter and forecast current quarter revenue ahead of estimates.
On the downside
MPLX (NYSE: MPLX) fell to a loss for the fourth quarter.
Fourth quarter revenue for Match Group (Nasdaq: MTCH) missed expectations.
Olin (NYSE: OLN) fell to a fourth quarter loss.
In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while decliners edged out advancers by more than 3 to 2 on Nasdaq. The broader S&P 500 tumbled 16 points to 1,886. Bitcoin fell $7 to $367.