The markets opened lower with the Dow tumbling 75 points to 23,334 as crude oil prices continued to slide. Nasdaq fell 37 points to 6,700.
On the upside
YY (Nasdaq: YY) reported sharply higher third quarter earnings and revenue.
Third quarter revenue surged for CarGurus (Nasdaq: CARG).
Dick's Sporting Goods (NYSE: DKS) reported better than expected earnings for the third quarter.
On the downside
Target (NYSE: TGT) reported lower third quarter earnings and warned of a competitive holiday quarter.
Macom Technology Solutions (Nasdaq: MTSI) fell to a loss for the fourth quarter.
Sage Therapeutics (Nasdaq: SAGE) priced its public offering of more than 3.5 million common shares at the discounted price of $85.00 per share.
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 lost 9 points to 2,569. Bitcoin rocketed $596 to $7,179.