Markets plunge over potential obstruction of justice by President Trump

Concerns that President Donald Trump attempted to interfere in the FBI investigation into former National Security Adviser Michael Flynn sent the markets tumbling to a sharply lower open with the Dow plummeting 242 points to 20,736. Nasdaq plunged 81 points to 6,091.


On the upside


Cemtrex (Nasdaq: CETX) reported that it received a record of more than $21 million in new orders in April.


Red Robin Gourmet (Nasdaq: RRGB) reported better than expected results for the first quarter.


Second quarter earnings climbed for Jack in the Box (Nasdaq: JACK) to surpass expectations.


On the downside


Investors locked in profits on Baozun (Nasdaq: BZUN).


American Eagle Outfitters (NYSE: AEO) disappointed with lower first quarter earnings that missed expectations and forecast current quarter results below analyst estimates.

Profit taking weighed down shares of Advanced Micro Devices (Nasdaq: AMD).


The broader S&P 500 plunged 26 points to 2,373. Bitcoin leaped $102 to $1795.


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