March 10, 2014 at 18:13 PM EDT
Disappointing Data From Asia Weighs Down Markets

The markets closed lower with the Dow losing 34 points to 16,418 as Japan's economic growth slowed and China's exports dropped. Nasdaq eased a point to 4334.

On the upside

The Wall Street Journal reported that a McClatchy Co. (NYSE: MNI) joint venture will sell Cars.com for up to $3 billion.

Shares of Infosonics (Nasdaq: IFON) continued climbing.

Chiquita Brands (NYSE: CQB) will merge with Fyffes in an all stock transaction.

On the downside


eCommerce China Dangdang (NYSE: DANG) dropped after Tencent acquired a 15% stake in JD.com.

Walter Energy (NYSE: WLT) will amend its credit facility.

Shares of Concord Medical Services (NYSE: CCM) continued falling.

In the broad market, declining issues outpaced advancers by a margin of nearly 5 to 4 on both the NYSE and on Nasdaq. The broader S&P 500 held steady at 1877. Bitcoin lost $20.09 or 3.15% to $617.20.

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