Crude oil prices fell again to send the markets tumbling to a sharply lower open with the Dow plummeting 207 points to 17,367. Nasdaq plunged 56 points to 5,045.
On the upside
Finisar (Nasdaq: FNSR) reversed year ago losses to post a greater than expected profit for the second quarter.
Accesswire named Turtle Beach (Nasdaq: HEAR) as a stock with significant upside potential.
Shares of Whole Foods Market (Nasdaq: WFM) extended its gains.
On the downside
United Development Funding IV (Nasdaq: UDF) issued a statement that a hedge fund had taken a short position in its shares.
Investors locked in profits on Inventergy Global (Nasdaq: INVT).
Dow Chemical (NYSE: DOW) and duPont (NYSE: DD) will merge in an all stock transaction then the combined entity will split into three separate companies.
In the broad market, declining issues outpaced advancers by a margin of more than 6 to 1 on the NYSE and by nearly 5 to 1 on Nasdaq. The broader S&P 500 plunged 20 points to 2,031. Bitcoin climbed $13 to $428.
