A technical problem halted trading on the New York Stock Exchange for more than three hours today. The glitch along with the Chinese market crash sent the markets tumbling to a sharply lower close with the Dow crumbling 261 points to 17,515. Nasdaq collapsed 87 points to 4,909.
On the upside
Bargain hunters lifted shares of Harvest Natural Resources (NYSE: HNR).
Shares of Etsy (Nasdaq: ETSY) climbed on bargain hunting.
On the downside
Gevo (Nasdaq: GEVO) stock extended its losses.
Perficient (Nasdaq: PRFT) warned that second quarter revenue would fall short of previous guidance and cut its full year revenue forecast.
Bloomberg reported that Swift Energy (NYSE: SFY) was experiencing difficulty in selling a $640 million loan.
Shares of DuPont (NYSE: DD) spinoff Chemours Company (NYSE: CC) extended its losses.
In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 1 on the NYSE and by more than 5 to 1 on Nasdaq. The broader S&P 500 plummeted 34 points to 2046. Bitcoin added $2 to $267.
