The markets closed mixed with the Dow tumbling 82 points to 24,801 over the prospect that proposed steel and aluminum tariffs may target only certain countries. Nasdaq gained 24 points to 7396.
On the upside
Fourth quarter earnings surged for Medifast (NYSE: MED).
Regenxbio (Nasdaq: RGNX) narrowed losses for the fourth quarter as revenue rose.
Korn/Ferry International (NYSE: KFY) reported higher third quarter earnings that topped analyst estimates.
On the downside
Spectrum Pharmaceuticals (Nasdaq: SPPI) widened losses for the fourth quarter.
AeroVironment (Nasdaq: AVAV) reported a loss for the third quarter.
Credit Suisse analysts Robert Moscow and Neel Kulkarni downgraded B&G Foods (NYSE: BGS) from a Neutral rating to an Underperform rating and slashed their price target from $34 to $21.
In the broad market, advancing issues outpaced decliners by a margin of nearly 6 to 5 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 slipped a points to 2,726. Bitcoin crashed $722 to $9,902.
