Biofuels Digest Index skids 1.49% amidst credit concerns, weak retail sales

Among the larger cap stocks, Aventine (AVR), US BioEnergy (USBE) and VeraSun Energy (VSE) were all down more than 2%, while among small caps Texcom (TEXC.PK), New Gen Technologies (NWGN.OB) and Xethnol (XNL) fell more than 10% on the day. Leading the winners was the small-cap Green Energy Resources which rose 11.1% to $0.20. The BDI was down 1.7% for the week and nearly 5% since August 4th.

In the broader markets, the Dow Jones industrials rose 17.64 points to 13,442.52, the S&P 500 was up 0.30 to close at 1484.25 and the Nasdaq was up 1.12 to 2602.18. Investors are now fully expecting an interest rate cut as soon as next week.

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