Markets drop as oil falls

The markets extended its losses during the midday with the Dow plunging 118 points to 17,957 as crude oil prices fell. Nasdaq added 3 points to 4,986.

On the upside

Esperion Therapeutics (Nasdaq: ESPR) priced its public offering of 1.75 million common shares at $100 per share to raise $175 million.

Bargain hunters lifted shares of Willbros Group (NYSE: WG).

Shares of Celladon (Nasdaq: CLDN) climbed after three days of losses.

On the downside

Vince Holding (NYSE: VNCE) reported higher fourth quarter earnings but the company forecast full year result below expectations.

Profit taking weighed down shares of Rex Energy (Nasdaq: REXX).

Nucor (NYSE: NUE) cut its first quarter earnings outlook.

In the broad market, declining issues outpaced advancers by a margin of more than 2 to 1 on the NYSE while decliners barely edged out advancers by a slim margin on Nasdaq. The broader S&P 500 fell 11 points to 2087. Bitcoin rose $9 to $261.
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