Markets plunge after BoJ votes against additional stimulus

The markets plunged to close sharply lower with the Dow collapsing 210 points to 17,830 after the Bank of Japan failed to expand its economic stimulus measures. Nasdaq plummeted 57 points to 4,805.


On the upside


Dehaier Medical Systems (Nasdaq: DHRM) received $20 million from Hangzhou Liaison Interactive Information Technology through a securities purchase agreement.


Shares of DryShips (Nasdaq: DRYS) extended its gains.


Fortress Biotech (Nasdaq: FBIO) will acquire National Holdings (Nasdaq: NHLD) for a premium of approximately $3.25 per share in cash.

On the downside


First quarter earnings and revenue for Proto Labs (NYSE: PRLB) fell short of expectations.


Invacare (NYSE: IVC) widened first quarter losses as revenue fell.


Quorum Health (NYSE: QHC) will replace Stone Energy (NYSE: SGY) in the S&P SmallCap 600 after market close on Monday, May 2, 2016.


In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 tumbled 19 points to 2,075. Bitcoin slipped $1 to $445.

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