From FT.com
Energy producers were especially weak as oil continued to fall from its recent peaks. Chevron gave up 1.2 per cent to $70.27, while ExxonMobil lost 1.4 per cent to $70.39.
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Yen rises on fears over global recovery – Aug-27Metal producers also dropped. Copper miner Freeport-McMoRan fell 0.9 per cent to $62.55 and Nucor, the steel maker, shed 1.6 per cent to $44.54.
By midday, the benchmark S&P 500 was down 0.6 per cent at 1,022.13, while the Nasdaq Composite index was 1 per cent lower at 2,005.23.


