Steep losses extended at midday

The markets extended its losses during the midday with the Dow collapsing 260 points to 16,249 over concerns about China’s economic growth. Nasdaq crashed 100 points to 4,728.

On the upside

Bargain hunters lifted shares of WPCS International (Nasdaq: WPCS).

Shares of GoPro (Nasdaq: GPRO) rebounded on bargain hunting.

On the downside

Diplomat Pharmacy (NYSE: DPLO) reported higher second quarter earnings and revenue but the stock price fell.

Shares of DepoMed (Nasdaq: DEPO) extended its losses.

Zacks Equity Research said that Companhia Siderurgica (NYSE: SID) entered overbought territory.

Investors continued to lock in profits on GOL Linhas (NYSE: GOL).

In the broad market, declining issues outpaced advancers by a margin of more than 4 to 1 on both the NYSE and on Nasdaq. The broader S&P 500 plunged 32 points to 1,934. Bitcoin added $2 to $229.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.