FX & CFD trading involves significant risk
Stocks have extended their morning slide so that the Dow is now down 100 points.
Energy stocks continue to cast the heaviest weight on broad market trade. The sector is now down 2.5% as integrated oil and gas plays like Dow components Exxon Mobil (XOM 83.35, -1.81) and Chevron (CVX 104.77, -3.01) and service plays like Baker Hughes (BHI 66.89, -2.42) and Schlumberger (SLB 86.64, -2.16) succumb to sharp selling pressure.
Of the major sectors, health care is a top performer. The sector's 0.2% gain is underpinned by strength in health care facilities stocks. Tenet Healthcare Corp (THC 6.70, +0.26) is actually up 4%.
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