Fears that the global economy continues to be weak sent the markets tumbling to a sharply lower close with the Dow crashing 290 points to 16,384. Nasdaq collapsed 56 points to 4,837.
On the upside
Versartis (Nasdaq: VSAR) announced additional data from an ongoing extension study of somavaratan in pre-puberal GHD children.
Shares of Applied DNA Sciences (Nasdaq: APDN) continued climbing.
On the downside
Shares of Bonanza Creek Energy (NYSE: BCEI) fell as crude oil prices tumbled.
Sprint (NYSE: S) will expand roaming to Cuba but the stock price slipped.
Summit Research analyst Srini Sundararajan upgraded Micron Technology (NYSE: MU) to a Buy rating but the stock price fell.
A Ford (NYSE: F) factory in Brazil will cut worker hours by 20%.
In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 3 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 plummeted 32 points to 1,958. Bitcoin eased a fraction to $231.
