Losses extended as GDP revised downward

The markets extended its losses during the midday with the Dow falling 28 points to 18,185 as the nation's gross domestic product was revised downward. Nasdaq slipped 9 points to 4,978.

On the upside

Second Sight Medical Products (Nasdaq: EYES) will release fourth quarter earnings Wednesday, March 11, after market close.

Fourth quarter earnings surged for Monster Beverage (Nasdaq: MNST) to surpass analyst expectations by a wide margin as revenue climbed.

DigitalGlobe (NYSE: DGI) reported lower fourth quarter earnings but the results were better than expected.

On the downside

Resonant (Nasdaq: RESN) reported a loss for the fourth quarter.

KBR (NYSE: KBR) widened fourth quarter losses more than expected as revenue fell.

Compass Point downgraded Ocwen Financial (NYSE: OCN) from a Neutral rating to a Sell rating.

In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 2 on the NYSE while decliners edged out advancers by more than 10 to 9 on Nasdaq. The broader S&P 500 added a point to 2111. Bitcoin climbed $17 to $250.