Nasdaq Composite follows US market trend

Note: This section contains information in English only.
Source: Dukascopy
© Scanpix/AP
Nasdaq Composite Index dropped 1.9% or 49.36 points closing at 2,523.14 following other US market indices' downward path as US supercommittee failed to approve budget cuts on Monday. Among major negative contributors to the index were Gilead Sciences Inc which lost 9% after announcing plans to acquire drug developer Pharmasset Inc and Analog Devices Inc which traded 2.72% down after announcing financial results for the last quarter and fiscal year 2011.

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