Closing Bell: Snap Rebounds From Two-Day Slump; Dow Retreats For Day Three

The Dow Jones Industrial Average retreated again, its first three-day decline since January, as crude oil suffered its largest drop in more than a year. Crude plummeted to its lowest level since early December after another weekly build in domestic inventories. Snap (SNAP) - Get Report rebounded from two days of losses. The dramatic drop in the stock's price over the previous two days came after a 44% surge last Thursday from its initial offering price.  Express (EXPR) - Get Report slumped following a sharp decline in fourth-quarter earnings and disappointing guidance for its first quarter. The clothing retailer anticipates first-quarter same-store sales in the negative high-single percentage digits. Urban Outfitters (URBN) - Get Report also tumbled after reporting a decline in annual profit for its third year in a row. Earnings dropped 3%, while sales rose 3%.