Markets tumble as real average hourly earnings slip

The markets closed lower with the Dow tumbling 88 points to 18,123 as real average hourly earnings slipped 0.1% in August. Nasdaq lost 5 points to 5,244.


On the upside


Shares of Everbridge (Nasdaq: EVBG) soared in its market debut.


Cowen upgraded GenMark Diagnostics (Nasdaq: GNMK) from a Market Perform rating to an Outperform rating and lifted its price target from $10 to $17.


Community Health Systems (NYSE: CYH) may be exploring a possible sale of the company.


On the downside


Investors continued to lock in profits on Alon USA Partners (NYSE: ALDW).


Great Basin Scientific (Nasdaq: GBSN) completed its 1-for-80 reverse stock split.


Enphase Energy (Nasdaq: ENPH) surveyed its network of U.S. distributors to assess interest in its AC Battery system.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 fell 8 points to 2,139. Bitcoin eased a fraction to $607.

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.