Falling crude oil prices send markets plummeting

Tumbling crude oil prices sent the markets plummeting during the midday with the Dow plunging 204 points to 17,497. Nasdaq fell 27 points to 5,039.


On the upside


MannKind (Nasdaq: MNKD) will begin listing on the Tel Aviv Stock Exchange beginning on November 15.


Bargain hunters lifted shares of Constellium (NYSE: CSTM).


Sally Beauty Holdings (NYSE: SBH) reported lower fourth quarter earnings but the stock price climbed as revenue rose.

On the downside


Fourth quarter earnings slipped for Maximus (NYSE: MMS) and the company lowered its fiscal 2016 earnings outlook.


KLX (Nasdaq: KLXI) warned that it will take a $435 million impairment charge for the third quarter.


Third quarter earnings and revenue for Advance Auto Parts (NYSE: AAP) fell short of expectations prompting the company to cut its full year earnings outlook.


In the broad market, declining issues outpaced advancers by a margin of nearly 7 to 2 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 tumbled 19 points to 2,055. Bitcoin gained $19 to $322.

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