Dow Jones takes huge spill, recovers at market open

The Dow Jones Industrials fell 700 points within 15 minutes of market open, but recovered by 10 am to 8467.20, down 1.31 percent.

Among biofuels stocks, Aventine Renewables (AVR) fell 0.95 percent to $2.08, VeraSun Energy (VSE) was at $1.67, down 2.91 percent, and Pacific Ethanol (PEIX) rose to $0.90, up 4.19 percent. Sector giant Archer Daniels Midland (ADM) was down 3.40 percent to $14.77, but recovered to $15.22, down 0.07 percent.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Biofuels Digest Indexâ„¢ up 0.38% today as Big Ethanol heads higher

The Biofuels Digest Indexâ„¢ (BDI), a basket of 21 major public biofuel stocks, rose 0.38% today to 101.32 as the market focused on sector-specific and company-specific news while awaiting the hig...

Biofuels Digest Indexâ„¢ plunges 2.28% as the broad market pulls back

The Biofuels Digest Indexâ„¢ (BDI), a basket of 21 major public biofuel stocks, fell 2.28% today to 100.94 as the market retreated on economic data that showed that borrower credit worthiness had ...

Biofuels Stock and Financial Outlook for September 18

Stocks index futures were up 0.1% this morning in trading, presaging a positive market open, as investors await the Federal Reserve rate decision. The decision is expected after 2pm EDT. The Biofuels...

Biofuels Stock and Financial Outlook for September 24: Stocks expected to open higher as further interest rate cuts considered

Stocks are expected to open higher Monday after futures prices rose for all the major indices roughly 0.3 percent overnight. Biofuel stocks have a more pessimistic outlook as editorial against ethanol...

Biofuels Stock and Financial Outlook for September 7

The US stock market is expected to start lower this morning as investors await the monthly job figures. Major indices were down under one percent in stock index futures trading. The Biofuels Digest I...

Biofuels Digest Indexâ„¢ drops 1.55% as Big Ethanol dives

The Biofuels Digest Indexâ„¢ (BDI), a basket of 21 major public biofuel stocks, fell 1.55% to 98.23 as analyst downgrades finally caught up with the major ethanol stocks amidst a broad market sell...