Concerns that Syria used chemical weapons in its two-year old civil war sent the markets tumbling to a lower close with the Dow dropping 64 points to 14,946. Nasdaq held steady at 3657.
On the upside
A Seeking Alpha contributor wrote that Cimatron (Nasdaq: CIMT) was undervalued.
RadioShack (NYSE: RSH) offered HD antennas for 25% off through September 7 as an alternative to cable service.
Magnum Hunter Resources (NYSE: MHR) declared a dividend of warrants to purchase common stock that is payable on October 15, 2013 to shareholders of record September 16, 2013.
On the downside
Shares of Pilgrim’s Pride (Nasdaq: PPC) fell after Merrill Lynch downgraded rival Tyson Foods (NYSE: TSN).
Private investment firm TPG will $108.6 million in Xinyuan Real Estate (NYSE: XIN) but the stock price dropped.
Bill Ackman will sell his entire 18% stake in J.C. Penney (NYSE: JCP).
In the broad market, declining issues outpaced advancers by a margin of 7 to 5 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 lost 6 points to 1656.
