Arkansas Index falls 3.71 as markets sag

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, fell 3.71 to 286.75 Thursday.

"U.S. stocks moved lower following a European market sell-off but closed off the worst levels after headlines indicating OPEC may be ready to cooperate on production cuts," said John Blackwell, senior vice president and managing director of equity trading at Stephens Inc. in Little Rock.

The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business on 02/12/2016

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