General World News

Steel, Energy, Biotechs All Down Hard; First Solar Cools Off

Stocks shaved some losses but were still sharply lower across the board in midafternoon trading Thursday. The energy and commodities complex still paced the downside as crude oil futures, down nearly 6% on Wednesday, lopped off an additional 1.5%. The S&P 500 was down nearly 1.5% and the Dow industrials off 1.4%. The Nasdaq, which gapped lower at the open, sank 1.8%. Volume was higher on both the NYSE and the Nasdaq. Steel and steel alloy stocks

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Source : Investors.com