Softening consumer demand for iPhones and cars weighed the markets down to a lower open with the Dow falling 43 points to 20,906. Nasdaq dropped 33 points to 6,062.
On the upside
Pieris Pharmaceuticals (Nasdaq: PIRS) entered a strategic collaboration with AstraZeneca (NYSE: AZN) to develop novel inhaled drugs that leverage Pieris' Anticalin platform.
FireEye (Nasdaq: FEYE) reported better than expected results for the first quarter.
First Solar (Nasdaq: FSLR) reported an unexpected profit for the first quarter as revenue rose.
On the downside
Twilio (NYSE: TWLO) reported a loss for the first quarter and forecast full year results that fell short of expectations.
Groupon (Nasdaq: GRPN) reported a loss for the first quarter as revenue fell to miss estimates.
Frontier Communications (Nasdaq: FTR) reported a wider than expected loss for the first quarter.
The broader S&P 500 index fell 6 points to 2,384. Bitcoin climbed $18 to $1426.
