Top Industry Groups Take Big Hits In Market Sell-Off

By | March 24, 2014

Scalper1 News

Few top industry groups were spared Monday as stocks across the board got hammered again, picking up where they left off on Friday. Biotechs, ranked No. 1 among the 197 industry groups tracked by IBD, sank more than 4% Monday as Alexion Pharmaceuticals (ALXN) and Biogen Idec (BIIB) extended losses after breaking support at their 50-day average on Friday. The group fell 4% that day as several House Democrats in a letter questioned Gilead Sciences’ Scalper1 News

Scalper1 News