Emerging market concerns sent the markets plummeting to close sharply lower with the Dow plunging 149 points to 15,698. Nasdaq dropped 19 points to 4103.
On the upside
Solazyme (Nasdaq: SZYM) began commercial production of Tailoredâ„¢ oil products at two Iowa facilities.
Fourth quarter earnings nearly doubled for Wynn Resorts (Nasdaq: WYNN) to surpass analyst expectations by a wide margin.
Boyd Gaming (NYSE: BYD) lowered its fourth quarter earnings outlook but the stock price rose.
On the downside
Concerns that Boehringer Ingelheim was making progress in developing a treatment for idiopathic pulmonary fibrosis to compete with InterMune's (Nasdaq: ITMN) Esbriet weighed down shares of the biotechnology firm tumbling.
Newmont Mining (NYSE: NEM) reported preliminary fourth quarter gold production results in line with estimates but the company forecast 2014 production levels below analyst expectations.
Grupo Financiero Santander Mexico (NYSE: BSMX) reported higher fourth quarter earnings but the results missed expectations.
In the broad market, declining issues outpaced advancers by a margin of 5 to 3 on the NYSE and by nearly 5 to 2 on Nasdaq. The broader S&P 500 dropped 11 points to 1782. Bitcoin slipped $7.60 or 0.81% to $935.39.