The markets closed lower with the Dow falling 35 points to 18,867 as investors locked in profits. Nasdaq lost 12 points 5,321.
On the upside
Rebounding crude oil prices lifted shares of Torchlight Energy Resources (Nasdaq: TRCH).
Synutra International (Nasdaq: SYUT) agreed to merge with Beams Power Investment and Beams Power Merger Sub.
Shares of Ocular Therapeutics (Nasdaq: OCUL) extended its gains.
On the downside
Hibbett Sports (Nasdaq: HIBB) reported lower third quarter earnings that fell short of expectations.
Profit taking weighed down shares of Superconductor Technologies (Nasdaq: SCON).
Seanergy Maritime Holdings (Nasdaq: SHIP) priced its registered direct offering of 1.305 million common shares at the discounted price of $2.75 per share.
In the broad market, declining issues outpaced advancers by a margin of more than 10 to 9 on the NYSE while advancers edged out decliners by nearly 5 to 4 on Nasdaq. The broader S&P 500 lost 5 points to 2,181. Bitcoin eased to $742.
