The crash of the Chinese markets sent domestic markets tumbling to a sharply lower open with the Dow plummeting 184 points to 17,592. Nasdaq plunged 62 points to 4,934.
On the upside
Oculus Innovative Sciences (Nasdaq: OCLS) received a new U. S. patent for the use of Microcyn(R) Technology hypochlorous acid in the treatment and mitigation of atopic dermatitis.
The Container Store (NYSE: TCS) reported a smaller than expected loss for the first quarter.
On the downside
Investors locked in profits on Prima Biomed (Nasdaq: PBMD).
Shares of Alcoa (NYSE: AA) fell ahead of its earnings release.
Alibaba (NYSE: BABA) will invest over $100 million in luxury flash sales platform Mei.com.
Shares of SouFun Holdings (NYSE: SFUN) continued falling.
In the broad market, declining issues outpaced advancers by a margin of more than 6 to 1 on the NYSE and by more than 5 to 1 on Nasdaq. The broader S&P 500 tumbled 21 points to 2060. Bitcoin rose $5 to $270
Markets plummet as Chinese stocks crash
July 08, 2015 at 10:43 AM EDT
