FX & CFD trading involves significant risk
A precipitous drop at the start of trade took the broad market to within close reach of yesterday's opening level before support surfaced. Weakness remains widespread in that all 10 major sectors are in the red. That comes in stark contrast to early trade in the prior session.
Health care has managed to do the best job of limiting its loss this morning; the sector is down just 0.3%. Boston Scientific (BSX 7.10, +0.36) is currently a primary leader in the health care space, helping to offset weakness in among heavyweight pharmaceutical plays like Pfizer (PFE 20.40, -0.18) and Merck (MRK 35.41, -0.23).
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