SFGate |
Nasdaq drops 3 percent, worst day since November 2011
Reuters The Nasdaq biotechnology index .NBI shed 5.6 percent, its biggest one-day drop since August 2011, adding to recent losses since a large drop in Gilead more than two weeks ago triggered a wider selloff for biotechs and other recent big gainers. That … Nasdaq plunges 3%; Dow closes down 267 points Investors Flee Tech Stocks Again, Pummeling Nasdaq US stock market hit by Nasdaq, biotech rout |