Drop in consumer confidence weighs down markets

A drop in October consumer confidence weighed the markets down to a lower close with the Dow dropping 53 points to 18,169. Nasdaq fell 26 points to 5,283.


On the upside


Clayton Williams Energy (NYSE: CWEI) will sell its assets in the Giddings Area in East Central Texas for approximately $400 million.


Towerstream (Nasdaq: TWER) will add 100 new buildings to its On-Net footprint in the fourth quarter.


Second Sight Medical Products (Nasdaq: EYES) announced the first successful implantation and activation of a wireless visual cortical stimulator in a human subject.


On the downside


Third quarter earnings for Nielsen Holdings (NYSE: NLSN) fell short of expectations and the company forecast full year earnings that missed estimates.


The Beacon Falls Energy Park project, which would FuelCell Energy's (Nasdaq: FCEL) fuel cell power plants, was not selected for contract negotiations for The New England Clean Energy Request for Proposals.


Superior Energy Services (NYSE: SPN) reported a wider than expected loss for the third quarter.


In the broad market, declining issues outpaced advancers by a margin of 3 to 2 on the NYSE and by nearly 5 to 2 Nasdaq. The broader S&P 500 fell 8 points 2,143. Bitcoin climbed $7 to $656.

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