Stock Market Pares Losses After Early Carnage; Gold Stocks, Defensive Names Lead The Way

Stock Market Pares Losses After Early Carnage; Gold Stocks, Defensive Names Lead The Way

Growth stocks took it on the chin again in the stock market Wednesday, but the Nasdaq composite pared early losses and closed near its session high, while the S&P 500 made a stand at its 21-day line. The Nasdaq fell sharply during the first half hour of trading but recovered well after an intraday drop of 1.9%. The Nasdaq finished…

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