BioCentury
DATA GRAPHICS | Finance

Stocks finish week halfway back following global sell-off

Biotech rally follows broader markets

August 9, 2024 10:58 PM UTC

After the XBI fell nearly 6% from July 31 to Aug. 5, the biotech index clawed back nearly half of that to finish the week down 3.6% since the start of the month.

The NASDAQ Biotechnology Index (NBI) and broader markets followed suit, with the NASDAQ 100 index the worst performer of the group...