Health care, energy weigh on stocks

|By:, SA News Editor

All three major U.S. stock averages turn red heading into the noon hour in New York.

The Nasdaq (-0.2%), which spent most of the morning in negative territory, steepens its decline, while the S&P (-0.1%) and Dow (-0.2%) swing from positive to negative.

By industry sector, health care (-1.0%)  dives the most followed by energy (-0.5%) and real estate (-0.5%); industrials (+0.5%), utilities (+0.3%), and financials (+0.3%) outperform the broader market.

Crude oil sinks 1.6% to $63.59 per barrel as gold slides 1.2% to $1,297.80 per ounce.

10-year Treasury falls, pushing yield up almost 3 basis points to 2.495%.

The Dollar Index rises 0.2% to 97.10.

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