[BRIEFING.COM] The major averages remain near their early lows with the Nasdaq (-0.6%) seeing the largest decline.
The index lags amid weakness in technology (-0.6%) and biotech. The iShares Nasdaq Biotechnology ETF (IBB 257.50, -1.43) trades lower by 0.5%. Similar to the biotech ETF, the health care sector holds a loss of 0.5%.
With stocks on the defensive, traditional safe-haven assets remain in demand. Gold futures trade up 1.5% at $1366.60/ozt while Treasuries sit ... More
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