The crash of an EgyptAir jet into the Mediterranean Sea sent the markets down to close sharply lower with the Dow tumbling 91 points to 17,435. Nasdaq fell 26 points to 4,712.
On the upside
The Food and Drug Administration granted Breakthrough Therapy designation to Celator Pharmaceuticals' (Nasdaq: CPXX) VYXEOS to treat AML.
Wal-Mart (NYSE: WMT) reported better than expected first quarter earnings and revenue.
Fourth quarter revenue rose for Boot Barn (NYSE: BOOT).
On the downside
Ocwen Financial (NYSE: OCN) hosted its seventh annual Housing Advocacy and Policy Forum today.
NQ Mobile (NYSE: NQ) will report first quarter results after market close on Thursday, May 26, 2016.
Agios Pharmaceuticals (Nasdaq: AGIO) will present new clinical and preclinical data for AG-348 and AG-519 at the 21st Congress of the European Hematology Association in June.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 2 on both the NYSE and on Nasdaq. The broader S&P 500 lost 7 points to 2,040. Bitcoin tumbled $8 to $444.
Crash of EgyptAir jet sends markets tumbling
May 19, 2016 at 17:31 PM EDT
