Massive ransomware attack sends markets tumbling

A massive global ransomware attack sent the markets down to a sharply lower close with the Dow tumbling 98 points to 21,310. Nasdaq plunged 100 points to 6,146.


On the upside


The Delaware Supreme Court sided with Chicago Bridge & Iron (NYSE: CBI) in a dispute with Westinghouse Electric.


Causeway Capital Management increased its stake in AU Optronics (NYSE: AUO) by 25,500 shares to a total of 177,100 shares.


The Bill & Melinda Gates Foundation will provide $20 million to offer 50 developing nations OraSure's (Nasdaq: OSUR) OraQuick HIV Self-Test at an affordable price.


On the downside


Shares of Arconic (NYSE: ARNC) extended its losses.


Ra Pharmaceuticals (Nasdaq: RARX) reported upbeat initial data from a Phase 2 clinical trial of RA101495 to treat paroxysmal nocturnal hemoglobinuria but a recurrence of symptoms in one patient raised concerns.

Spruce Point Capital issued a Strong Sell position on iRobot (Nasdaq: IRBT).


In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 tumbled 19 points to 2,419. Bitcoin gained $16 to $2436.


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