World Market Sells Off, Tesla Unveils All-Wheel-Drive Model S

U.S. futures are down on Friday after Thursday's big selloff. European indexes are dropping for the 4th straight day on concerns for growth. In Asia, the Nikkei also closed more than 1% lower. Online security software maker Symantec is dividing itself into two businesses. One will be focusing on storage and the other on security. Both will be publicly traded. The combine company is worth $16 billion. Its revenue fell 3% in the most recent fiscal quarter because the storage unit has been struggling. Operating income fell almost 20%. This split up follows what Hewlett Parkard did earlier this week and Symantec hopes profitability will improve. Analysts say the new companies will also become more attractive takeover candidates. Shares of Symantec were down 5% over the past year. Tesla is unveiling the all-wheel-drive version of model S. CEO Elon Musk said the car will manage a small increase in range of about 10 miles on a charge vs. the rear-drive models and go at a maximum of 275 miles. It can also blast to 60 miles per hour in as little as 3 seconds. Elon Musk said, "It's like having your own personal roller coaster." Tesla shares are down ahead of the open, but the over past year, they were up more than 50%. Jim Cramer's action alert pick of the day is Buffalo Wild Wings. He said people are giving up on this name because price has come down a lot, more than 20% in the past few months. But he is not giving up and he would pull the trigger to buy at this time.