Markets retreat even as job openings climb

The markets retreated during the midday with the Dow falling 58 points to 16,434 even as job openings climbed. Nasdaq slipped 2 points to 4,809.

On the upside

WaferGen Bio-systems (Nasdaq: WGBS) will present data from the company’s single-cell analysis system at the Single Cell Genomics Conference on September 16.
 
Clovis Oncology (Nasdaq: CLVS) presented data related to its TIGER-X trials measuring the effectiveness of rociletinib in patients with non-small cell lung cancer.
 
KeyBanc Capital Markets slashed its price target on Alibaba (NYSE: BABA) from $94 to $80 but the stock price rose.

On the downside

Barnes & Noble (NYSE: BKS) widened losses for the first quarter as revenue slipped.

Theravance (Nasdaq: THRX) extended its losses.

Falling crude oil prices weighed down shares of Marathon Oil (NYSE: MRO).

In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by more than 10 to 9 on Nasdaq. The broader S&P 500 slipped 4 points to 1,964. Bitcoin lost $3 to $238.

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