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September 01, 2020 10:18am
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Markets plummet as Chinese stocks crash

The crash of the Chinese markets sent domestic markets tumbling to a sharply lower open with the Dow plummeting 184 points to 17,592. Nasdaq plunged 62 points to 4,934.

On the upside

Oculus Innovative Sciences (Nasdaq: OCLS) received a new U. S. patent for the use of Microcyn(R) Technology hypochlorous acid in the treatment and mitigation of atopic dermatitis.

The Container Store (NYSE: TCS) reported a smaller than expected loss for the first quarter.
 
On the downside

Investors locked in profits on Prima Biomed (Nasdaq: PBMD).

Shares of Alcoa (NYSE: AA) fell ahead of its earnings release.

Alibaba (NYSE: BABA) will invest over $100 million in luxury flash sales platform Mei.com.

Shares of SouFun Holdings (NYSE: SFUN) continued falling.
 
In the broad market, declining issues outpaced advancers by a margin of more than 6 to 1 on the NYSE and by more than 5 to 1 on Nasdaq. The broader S&P 500 tumbled 21 points to 2060. Bitcoin rose $5 to $270

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