Markets crash as crude oil settles at $31

Crude oil prices fell again to settle at $31 per barrel to send the markets plummeting to a sharply lower close with the Dow crashing 211 points to 16,204. Nasdaq collapsed 146 points to 4,363.


On the upside


TTM Technologies (Nasdaq: TTMI) reported better than expected earnings and revenue for the fourth quarter.


Rising gold prices lifted shares of Kinross Gold (NYSE: KGC).


USG (NYSE: USG) reversed year ago losses to post a stronger than expected profit for the fourth quarter.


On the downside


Esterline Technologies (NYSE: ESL) disappointed with sharply lower first quarter earnings that missed expectations.


Quotient (Nasdaq: QTNT) priced its public offering of approximately 4.44 million common shares at the discounted price of $9.00 per share.


Genworth Financial (NYSE: GNW) reported a wider than expected loss for the fourth quarter.


In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by more than 4 to 1 on Nasdaq. The broader S&P 500 crashed 35 points to 1,880. Bitcoin lost 3 points to $383.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.