Economy - Economics USA

NASDAQ drops more than 1%

7-13-2006 • Financial Times

US markets fell sharply for a second day in a broad-based sell-off, as geopolitical uncertainty and record oil prices rattled investors. The Dow lost 1.5%, S&P 500 lost 1.3% and Nasdaq lost 1.7%. Nasdaq has lost 3.5% in the past 2 days.