The markets extended its losses during the midday with the Dow plunging 135 points to 16,149 as China’s factory output contracted and euro zone manufacturing growth weakened. Nasdaq tumbled 33 points to 4,587.
On the upside
Shares of XPO Logistics (NYSE: XPO) continued rising.
Rising crude oil prices lifted shares of Oasis Petroleum (NYSE: OAS).
Peabody Energy (NYSE: BTU) completed its 1-for-15 reverse stock split.
On the downside
DigiTime wrote that Apple (Nasdaq: AAPL) iPhone suppliers expects lower shipments for the fourth quarter.
Profit taking weighed down shares of Alcoa (NYSE: AA).
Shares of Twitter (NYSE: TWTR) fell ahead of the expected appointment of cofounder Jack Dorsey to the position of chief executive officer.
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 fell 8 points to 1,911. Bitcoin added $1 to $237.
