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Stocks Finish Lower, But Zillow Pops After Hours On Q1 Report

(Jovan Williams/IBD)

Stocks were lower Tuesday and volume picked up as traders fretted over disappointing factory data from China.

Oil was down 2.7% on fears China will lead a global slowdown. China's manufacturing data for April fell shy of expectations.

The Nasdaq fell 1.3%; the S&P 500 dropped 0.9% and the Dow Jones industrial average lost 0.8% in the stock market today.

Zillow (Z) was up sharply after hours. It reported a loss of 27 cents a share, but analysts expected a 40-cent loss. Revenue came in at $186 million vs. estimates of $176 million. The stock, which came public in August, appears to be building the right side of a long, deep base.

CVS (CVS) was down moderately in after-hours trading. It reported adjusted EPS of $1.18, 2 cents better than the consensus estimate.

Illumina (ILMN) was down after hours. It missed estimates of 74 cents a share with a report of 71 cents.