Lower close as rate concerns rise

The markets closed lower with the Dow falling 60 points to 17,824 over concerns that interest rates may rise. Nasdaq lost 20 points to 4,744.

On the upside

Shares of Ocwen Financial (NYSE: OCN) extended its gains.

Pixelworks (Nasdaq: PXLW) widened losses for the fourth quarter but the results were better than expected.

Fourth quarter earnings fell for LinkedIn (NYSE: LNKD) but the results were better than expected.

On the downside

TrovaGene (Nasdaq: TROV) priced its public offering of approximately 4.44 million common shares at a discount.

Control4 (Nasdaq: CTRL) reported higher fourth quarter earnings and revenue but the company forecast current quarter and full year revenue below expectations.

Fourth quarter earnings and revenue rose for Tempur Sealy International (NYSE: TPX) but the mattress maker forecast full year results that fell short of analyst expectations.

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 lost 7 points to 2055. Bitcoin rose $5 to $222.
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