Disappointing earnings along with global terrorism concerns weighed the markets down to a lower close with the Dow tumbling 76 points to 21,674. Nasdaq lost 5 points to 6,216.
On the upside
Two of Tenet Healthcare's (NYSE: THC) board members who are partners at Glenview Capital Management resigned.
Sportsman's Warehouse (Nasdaq: SPWH) reported better than expected earnings for the second quarter.
Control4 (Nasdaq: CTRL) will replace Albany Molecular Research (Nasdaq: AMRI) on the S&P SmallCap 600 before market open on Tuesday, August 22.
On the downside
Stephens analyst Jack Atkins cited new competition concerns for downgrading Matson (NYSE: MATX) from an Overweight rating to an Equal Weight rating and slashing his price target from $36 to $23.
Shares of Babcock & Wilcox Enterprises (NYSE: BW) fell for the fourth day in a row.
Finish Line (Nasdaq: FINL) stock fell after competitor Foot Locker (NYSE: FL) disappointed with sharply lower earnings that missed expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 9 to 8 on the NYSE while advancers barely edged out decliners by a slim margin on Nasdaq. The broader S&P 500 fell 4 points to 2,425. Bitcoin plummeted $316 to $4004.
