Markets are down as commodities take center stage. Stagnation in the U.S., turmoil from Europe, and a slowdown in China have thrown cold water on the commodities story of hungry nations fighting for scarce resources. Here at home, a shale gas boom and regulations favoring cleaner alternatives have combined with weak industrial demand to hammer coal companies. Concerns are growing that Patriot Coal
That said, let's take a look at how the three major indexes are faring and take a closer look at today's newsmakers.
Index |
Gain/Loss |
Gain/Loss % |
Intraday Value |
---|---|---|---|
Dow Jones Industrial Average |
(77.34) | (0.61%) | 12,658.95 |
Nasdaq |
(25.16) | (0.86%) | 2,906.61 |
S&P 500 | (10.67) | (0.79%) | 1,341.79 |
Source: Yahoo! Finance as of 2:20 p.m. EDT.
The Nasdaq is leading today's plunge, but all three major indexes have shaved off over half a percent in value. James River is actually the Nasdaq's second-worst performer. Top honors belong to MAKO Surgical
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