The markets plunged to close sharply lower with the Dow collapsing 174 points to 17,541 as profit concerns sent banking stocks tumbling. Nasdaq plummeted 72 points to 4,848.
On the upside
Cymabay Therapeutics (Nasdaq: CBAY) chief financial officer Sujal Shah bought shares in the company.
Rising gold prices lifted shares of Barrick Gold (NYSE: ABX) and Kinross Gold (NYSE: KGC).
Clayton Williams Energy (NYSE: CWEI) president Mel G. Riggs increased his holdings in the company.
On the downside
The Buckle (NYSE: BKE) reported a disappointing 11.8% drop in March same store sales.
Concerns that China may increase its copper exports sent shares of Teck Resources (NYSE: TCK) tumbling.
March same store sales dropped 8.5% for Conn's (Nasdaq: CONN).
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by more than 5 to 2 on Nasdaq. The broader S&P 500 plunged 24 points to 2,041. Bitcoin held steady at $419.
