US stocks have biggest drop since August, led by health care - News Summed Up

US stocks have biggest drop since August, led by health care


Hefty losses in health care and technology companies led U.S. stocks sharply lower Tuesday, handing the market its biggest pullback since August and its worst two-day drop since May. Banks, industrial companies and energy stocks also accounted for a big slice of the market's losses. The Russell 2000 index of smaller-company stocks gave up 15.29 points, or 1 percent, to 1,582.82. Health care companies were by far the biggest losers on Tuesday. Technology stocks fell almost as much as health care shares.


Source: ABC News January 30, 2018 15:21 UTC



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