The markets closed mixed with the Dow dropping 70 points to 24,538 as business leaders attempt to change President Donald Trump's stance on tariffs. Nasdaq soared 77 points to 7257.
On the upside
Quality Care Properties (NYSE: QCP) will take over ownership of HCR ManorCare and release all claims against the skilled nursing, assisted living, hospice and homecare business.
Intrexon (NYSE: XON) narrowed fourth quarter losses more than expected.
Southwestern Energy (NYSE: SWN) swung to a greater than expected profit for the fourth quarter.
On the downside
Atlas Financial Holdings (Nasdaq: AFH) reported a drop in book value due to increased reserves.
Radius Health (Nasdaq: RDUS) widened losses for the fourth quarter.
Whitestone REIT (NYSE: WSR) reported fourth quarter funds from operations that fell short of expectations.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 gained 13 points to 2,691. Bitcoin lost $37 to $11,069.