Major U.S. indices continued their September slide on continued concerns over rising coronavirus infection rates in some parts of the country and the upcoming election among other factors.
The S&P 500 fell 2.4% to 3,241.4 in midday trading Monday.
The Dow Jones Industrial Average was off 2.9% to 26,833.96, while the Nasdaq was down 1.4% to 10,638.37.
Crude oil slumped 5% to $39.06.
Gold fell 2.7% to $1,909.10.
The yield on a 10-year Treasury declined 4.3% to 0.66%.
MANUFACTURING
Foothill Ranch-based Kaiser Aluminium Corp. (Nasdaq: KALU) slipped 10% to $53.96 for a market cap of $854.5 million. Shares of Kaiser Aluminum, which makes specialty aluminum products for aerospace and automotive companies, were trading at about half their average volume.
HEALTHCARE
NextGen Healthcare Inc. (Nasdaq: NXGN), a provider of healthcare software, was down 6.5% to $12.22 on lower volume. The company had a recent market cap of $844.5 million.
RETAIL
Irvine Western retailer Boot Barn Holdings Inc. (NYSE: BOOT) fell 6.4% to $26.97, amid a broader slump for U.S. retail stocks. Boot Barn had a recent market cap of $780.4 million.
Irvine-based Tilly’s Inc. was also down, 6.6% to $6.70. The men’s, women’s and kids chain had a recent market cap of $188.5 million.
