Lower close ahead of earnings

The markets continued falling to close lower with the Dow losing 20 points to 17,556 ahead of corporate earnings releases. Nasdaq dropped 17 points to 4,833.


On the upside


Shares of Cliffs Natural Resources (NYSE: CLF) climbed again.


Bargain hunters lifted shares of aTyr Pharma (Nasdaq: LIFE).


Rising crude oil prices lifted shares of Mid-con Energy Partners (Nasdaq: MCEP).


On the downside


Zacks Equity Research named Genocea Biosciences (Nasdaq: GNCA) as one of three winning biotech stocks but the stock price fell.


Shares of Endo International (Nasdaq: ENDP) tumbled after fellow opioid pain killer maker Insys Therapeutics (Nasdaq: INSY) cut its first quarter revenue guidance.


Avis Budget (Nasdaq: CAR) stock dropped after rival Hertz (NYSE: HTZ) cut its guidance for the first quarter.


In the broad market, advancing issues outpaced decliners by a margin of more than 7 to 5 on the NYSE while decliners edged out advancers by nearly 10 to 9 on Nasdaq. The broader S&P 500 lost 5 points to 2,041. Bitcoin edged up a fraction to $419.

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