Mid-Day Market Update: NASDAQ Tumbles 1.65%; Nu Skin Shares Surge After AIC China Review Update

Midway through trading Monday, the Dow traded down 0.33 percent to 16,249.03 while the NASDAQ dropped 1.65 percent to 4,206.18. The S&P also fell, declining 0.70 percent to 1,853.40.

Energy sector surged 0.20 percent, saw Miller Energy Resources

as the top gainer. Meanwhile, gainers in energy sector included Petrobras Argentina SA

, with shares up 2.5 percent, and PetroChina Co

, with shares up 3.2 percent. Healthcare sector was the leading decliner in the US market today. Among the sector stocks, Idera Pharmaceuticals

was down more than 21 percent, while Celldex Therapeutics

tumbled around 10 percent.

ReneSola

in the fourth quarter. ReneSola posted its quarterly net profit of $800,000, or $0.01 per American depositary share (ADS), versus a year-ago loss of $88.9 million, or $1.03 per ADS. Its revenue climbed around 43% to $438.8 million. ReneSola expects 2014 module shipments of 2.3 to 2.5 gigawatts (GW).

Nu Skin Enterprises

shares shot up 19.15 percent to $89.36 on disclosure of

of Industry and Commerce in Shanghai. Shares of Herbalife

got a boost, shooting up 6.50 percent to $52.76 on nomination of

designees to its board. Steel Partners Holdings LP

was also up, gaining 7.89 percent to $16.95 after the company's board authorized a modified "Dutch Auction" tender offer to repurchase up to $49 million in value of its common units.

Shares of The KEYW Holding

were down 5.89 percent to $18.86 after Sterne Agee downgraded the stock from Buy to Neutral and cut the price target from $21.00 to $19.00. Ctrip.com International

shares tumbled 3.66 percent to $47.68 after the company

potential internet security risk involving customer credit card information. NetApp

was down, falling 3.65 percent to $36.42 after Morgan Stanley downgraded the stock from Equal-weight to Underweight and cut the price target from $47.00 to $31.00.

In commodity news,

to $99.80, while gold traded down 1.81 percent to $1,311.80. Silver traded down 1.21 percent Monday to $20.07, while copper rose 0.05 percent to $2.95.

European shares

today. The Spanish Ibex Index fell 1.43 percent, while Italy's FTSE MIB Index fell 1.19 percent. Meanwhile, the German DAX tumbled 1.27 percent and the French CAC 40 slipped 1.18 percent while U.K. shares declined 0.48 percent.

The Chicago Fed National Activity Index surged to 0.14 in February, versus -0.45 in January. However, economists were expecting a reading of 0.08 in the month. The flash reading of the Markit PMI manufacturing index fell to 55.50 in March, versus a prior reading of 57.10. However, economists were expecting a reading of 56.50.