A disappointing labor productivity report weighed the markets down to a lower close with the Dow dropping 69 points to 20,855. Nasdaq added 3 points to 5,837.
On the upside
Novo Nordisk reportedly made an offer to acquire Global Blood Therapeutics (Nasdaq: GBT).
Bargain hunters lifted shares of DryShips (Nasdaq: DRYS).
Shares of MYOS RENS Technology (Nasdaq: MYOS) rose on bargain hunting.
On the downside
Shares of Tellurian (Nasdaq: TELL) extended its losses by falling for the seventh day.
Team (NYSE: TEAM) fell to a loss for the fourth quarter.
Natera (Nasdaq: NTRA) widened losses for the fourth quarter.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by more than 7 to 5 on Nasdaq. The broader S&P 500 index fell 5 points to 2,362. Bitcoin plunged $69 to $1,157.