Lower close as crude oil prices retreat

Retreating crude oil prices weighed the markets down to a lower close with the Dow dropping 53 points to 18,232. Nasdaq eased a point to 5,089.

On the upside

Canaccord Genuity upgraded ReWalk Robotics (Nasdaq: RWLK) from a Hold rating to a Buy rating.

E-Commerce China Dangdang (NYSE: DANG) will report first quarter earnings on May 28, 2015.

Bargain hunters lifted shares of Sarepta Therapeutics (Nasdaq: SRPT).

On the downside

Shares of China Information Technology (Nasdaq: CNIT) continued falling.

Profit taking weighed down shares of ChinaCache International (Nasdaq: CCIH).

Retreating crude oil prices weighed down shares of offshore drilling services provider SeaDrill (NYSE: SDRL).

In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by more than 9 to 7 on Nasdaq. The broader S&P 500 slipped 4 points to 2126. Bitcoin added $1 to $236.
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