The News Ledge
Stocks retreat after weak China data
... over global equity markets following the solid gains achieved last week. At midday in New York, the S&P 500 equity benchmark was down 0.7 per cent, with sharp losses for biotech stocks helping to pull the Nasdaq Composite index 1.6 per cent lower.
Market Hustle: Stocks Fall, Nasdaq Slides as Biotechs Decline
US midday: Manufacturing data weighs on stocks