Stocks Drop on Health-Care Rout; Crude Oil Slumps: Markets Wrap
- IBM weighs on Dow average, Qualcomm lifts Nasdaq 100 to record
- China mulls more stumulus after GDP beat; Treasuries mixed
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U.S. stocks fell to a one-week low as the drop in health-care providers extended amid concern about policy changes and the latest batch of corporate earnings did little to boost confidence in the economy. Treasuries edged higher.