Drop in consumer prices weighs down markets

A 0.2% drop in consumer prices weighed the markets down during the midday with the Dow falling 35 points to 17,215. Nasdaq lost 5 points to 4,723.

On the upside

CymaBay Therapeutics (Nasdaq: CBAY) will present at the 28th Annual ROTH Conference this morning.

Shares of EP Energy (NYSE: EPE) continued rising desire a downgrade on Monday.

Rebounding crude oil prices lifted shares of Teekay Offshore Partners (NYSE: TOO).

On the downside

Everi Holdings (NYSE: EVRI) widened fourth quarter losses more than expected.

Citron Research tweeted that Mallinckrodt (NYSE: MNK) was another Valeant (NYSE: VRX).

TerraForm Power (Nasdaq: TERP) delayed filing its annual report.

In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 lost 3 points to 2,012. Bitcoin held steady at $415.

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