President Donald Trump's executive order banning travelers from seven countries from entering the United States sparked confusion and protests over the weekend. The markets opened sharply lower with the Dow plummeting 169 points to 19,924. Nasdaq plunged 77 points to 5,583.
On the upside
Affiliated Managers Group (NYSE: AMG) reported better than expected earnings for the fourth quarter.
Goldman Sachs upgraded NetApp (Nasdaq: NTAP) from a Neutral rating to a Buy rating and a $43 price target.
RobecoSAM's 2017 Sustainability Yearbook named Newmont Mining (NYSE: NEM) as the most improved company in the mining sector for sustainability performance.
On the downside
Investors locked in profits on Pulmatrix (Nasdaq: PULM).
Fitbit (NYSE: FIT) slashed its fourth quarter revenue outlook and announced plans to cut 110 jobs.
Varian Medical Systems (NYSE: VAR) successfully completed the separation of its Imaging Components Business as Varex Imaging (Nasdaq: VREX).
In the broad market, declining issues outpaced advancers by a margin of more than 9 to 7 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 index plunged 22 points to 2,271. Bitcoin gained $6 to $916.
