Markets tumble as job growth slows

The markets opened lower with the Dow tumbling 119 points to 16,297 as job growth slowed and crude oil prices slipped. Nasdaq plummeted 77 points to 4,432.


On the upside


The Food and Drug Administration granted Breakthrough Therapy Designation to Immunomedics' (Nasdaq: IMMU) triple-negative breast cancer treatment IMMU-132.


Ubiquiti Networks (Nasdaq: UBNT) reported higher second quarter earnings and revenue that beat analyst expectations.


Tyson Foods (NYSE: TSN) reported sharply higher first quarter earnings that topped estimates.


On the downside


LinkedIn (NYSE: LNKD) reported better than expected fourth quarter earnings and revenue but the company forecast 2016 results below estimates.


Tableau Software (NYSE: DATA) fell to a greater than expected loss for the fourth quarter.


Linn Energy (Nasdaq: LINE) will explore strategic alternatives to maximize the value of the company.


In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 7 to 3 on Nasdaq. The broader S&P 500 plummeted 23 points to 1,891. Bitcoin held steady at $389.

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