Secretary of State Rex Tillerson became the latest Trump Administration official to be fired from his post sending the markets tumbling to a sharply lower close with the Dow plunging 171 points to 25,007. Nasdaq plummeted 77 points to 7511.
On the upside
The Food and Drug Administration granted Breakthrough Therapy Designation to Proteostasis Therapeutics' (Nasdaq: PTI) cystic fibrosis transmembrane conductance regulator amplifier PTI-428.
Bluelinx Holdings (NYSE: BXC) stock continued to soar.
On the downside
Commercial Vehicle Group (Nasdaq: CVGI) fell to a loss for the fourth quarter.
Fourth quarter earnings for Tilly's (NYSE: TLYS) fell short of analyst expectations.
Fanhua (Nasdaq: FANH) disappointed with sharply lower fourth quarter revenue.
In the broad market, declining issues outpaced advancers by a margin of nearly 3 to 2 on the NYSE and by more than 5 to 3 on Nasdaq. The broader S&P 500 tumbled 17 points to 2,765. Bitcoin dropped $38 to $9,061.