US stock indexes slide in afternoon trading; oil rises
U.S. stocks moved broadly lower in afternoon trading Thursday, giving back the market's gains from the day before.
Financial, technology and energy stocks were down the most, while phone company, real estate and health care stocks edged higher.
Hess slid 4.9 percent after the oil company said it will take a $3.8 billion charge in the fourth quarter.
Mylan fell 0.8 percent on news that rival CVS slashed its price on a generic version of Adrenaclick, a lesser-known treatment similar to EpiPen, which can cost more than $600.
Fiat Chrysler tumbled 16.1 percent on news that the U.S. government is accusing the automaker of violating vehicle emission laws.
The Environmental Protection Agency said Thursday that Fiat Chrysler failed to disclose software in some of its vehicles with diesel engines that allows them to emit more pollution than allowed under the Clean Air Act.
In Europe, Germany's DAX fell 1.1 percent, while France's CAC 40 slid 0.5 percent despite new data showing eurozone industrial production jumped 1.5 percent in November.
The pound, which had been weakening recently amid concern that Britain might break off completely from the European Union's single market, was moving higher versus the dollar Thursday.