Skip to main content

Lower open as jobless claims rise more than expected

First time applications for unemployment benefits rose more than expected last week to weigh the markets down to a lower open with the Dow falling 71 points to 23,492. Nasdaq tumbled 52 points to 6,737.


On the upside


Sage Therapeutics (Nasdaq: SAGE) reported positive results from two Phase 3 clinical trials of its severe postpartum depression treatment brexanolone.


Third quarter revenue surged for Roku (Nasdaq: ROKU).


Coty (NYSE: COTY) reported a smaller than expected loss for the first quarter.

On the downside


Opko Health (Nasdaq: OPK) widened third quarter losses as revenue fell.


CenturyLink (NYSE: CTL) disappointed with lower third quarter earnings and revenue that fell short of expectations.


Pan American Silver (Nasdaq: PAAS) reported sharply lower third quarter earnings and revenue.


In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 dropped 10 points to 2,584. Bitcoin plunged $169 to $7,230.


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.