After an historic route yesterday, the markets continued to sink with the Dow plummeting 260 points to 24,085. Nasdaq plunged 130 points to 6837.
On the upside
Skyworks Solutions (Nasdaq: SWKS) reported better than expected earnings for the first quarter, declared a quarterly dividend and announced a stock repurchase plan.
Second quarter earnings and revenue for Lumentum Holdings (Nasdaq: LITE) surged to top estimates.
Micron Technology (Nasdaq: MU) lifted its second quarter guidance and appointed David Zinsner to the position of senior vice president and chief financial officer.
On the downside
Vishay Intertechnology (NYSE: VSH) widened fourth quarter losses more than expected.
Shares of Cboe Global Markets (Nasdaq: CBOE) tumbled after yesterday's steep market losses.
Nutrien (NYSE: NTR) warned of slowing demand growth and lower margins.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 plunged 34 points to 2,614. Bitcoin soared $263 to $7,073.