Crude oil prices dropped below $35 per barrel to send the markets tumbling to close sharply lower with the Dow tanking 367 points to 17,128. Nasdaq plummeted 79 points to 4,923.
On the upside
Bargain hunters lifted shares of Teekay Offshore Partners (NYSE: TOO).
A lawsuit that challenged certain corporate governance provisions of Chemours (NYSE: CC) was dismissed.
FXCM (NYSE: FXCM) director Ryan Silverman bought 21,000 shares of company stock.
On the downside
A jury found that one of Acacia Research's (Nasdaq: ACTG) patents was not infringed upon by Alcatel Lucent, AT&T Mobility, Cellco Partnership and Spring Spectrum.
Empresas ICA (NYSE: ICA) missed a $31 million interest payment that was due on November 30, 2015.
Park Lane Advisor initiated coverage of YRC Worldwide (Nasdaq: YRCW).
In the broad market, declining issues outpaced advancers by a margin of nearly 2 to 1 on the NYSE and by nearly 5 to 3 on Nasdaq. The broader S&P 500 plummeted 36 points to 2,005. Bitcoin climbed $7 to $459.
