The markets closed mixed with the Dow plummeting 118 points to 20,404 as crude oil prices fell. Nasdaq added 13 points to 5,863.
On the upside
Shares of Cleveland BioLabs (Nasdaq: CBLI) extended its gains.
Vasuda Healthcare Analytics initiated coverage of NewLink Genetics (Nasdaq: NLNK) with a Buy rating and a $24 price target.
CalAmp (Nasdaq: CAMP) fell to a loss for the fourth quarter but revenue climbed.
On the downside
Diana Shipping (NYSE: DSX) will offer $70 million worth of common stock.
Concerns about the slowing Chinese economy weighed down shares of Finisar (Nasdaq: FNSR).
Bloomberg reported that the Federal Trade Commission may file suit to block the merger between Rite Aid (NYSE: RAD) and Walgreens Boots Alliance (Nasdaq: WBA).
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 more than 7 to 5 on Nasdaq. The broader S&P 500 index lost 4 points to 2,338. Bitcoin added $1 to $1207.
