The Nasdaq
Composite suffered its worst day since late 2011 on Thursday as
investors fled biotech, Internet and other high-growth stocks, the
sectors that had led the last leg up of the maturing bull market.
The Nasdaq Composite
COMP
-3.10%
dropped 129.79 points, or 3.1%, its worst one-day percentage decline
since November 2011. The Nasdaq Biotech index
NBI
-5.64%
as well as iShares Nasdaq Biotechnology ETF
IBB
-0.54%
dropped 5.6%.
The Dow Jones Industrial Average DJIA -1.62% fell 266.96 points, or 1.6%, to 16,170.22, its worst one-day percentage drop in more than two months.
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The Dow Jones Industrial Average DJIA -1.62% fell 266.96 points, or 1.6%, to 16,170.22, its worst one-day percentage drop in more than two months.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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