Retreating crude oil prices weighed the markets down to a lower close with the Dow dropping 53 points to 18,232. Nasdaq eased a point to 5,089.
On the upside
Canaccord Genuity upgraded ReWalk Robotics (Nasdaq: RWLK) from a Hold rating to a Buy rating.
E-Commerce China Dangdang (NYSE: DANG) will report first quarter earnings on May 28, 2015.
Bargain hunters lifted shares of Sarepta Therapeutics (Nasdaq: SRPT).
On the downside
Shares of China Information Technology (Nasdaq: CNIT) continued falling.
Profit taking weighed down shares of ChinaCache International (Nasdaq: CCIH).
Retreating crude oil prices weighed down shares of offshore drilling services provider SeaDrill (NYSE: SDRL).
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 slipped 4 points to 2126. Bitcoin added $1 to $236.
Lower close as crude oil prices retreat
May 22, 2015 at 18:24 PM EDT