Stocks Erase Gains (SPX, SPY, DIA, DJI, QQQ, IBB)

U.S. stock indices are trading lower in the final session of the week.

Notably, hot biotech stocks are selling off - IBB, the iShares Nasdaq Biotechnology ETF, is down 3.5%. Other recent high-flyers in the alternative energy space, like Plug Power and FuelCell Energy, are sharply lower as well.

The Nasdaq itself is trading almost 0.6% below Thursday's closing levels, while the S&P 500 and Dow Jones Industrial Average are flat.

The yield on the 10-year U.S. Treasury note is trading at 2.75%, down two basis point. The U.S. dollar is down about 0.1% against both the euro and the Japanese yen.

The charts below show price action in various markets this morning. Across the top from left to right are S&P 500 futures, the U.S. dollar-Japanese yen exchange rate, and the euro-U.S. dollar exchange rate. Across the bottom from left to right are gold futures, 10-year Treasury note futures, and December 2015 eurodollar futures.

<img src="http://static3.businessinsider.com/image/532c782c6bb3f770055b5574-1128-764/screen-shot-2014-03-21-at-1.34.10-pm.png" border="0" alt="Charts" />

<b>See Also:</b>

<ul><li>There's A Lot Going On, But Markets Are Calm</li><li>Markets Start The Week On A Bad Note</li><li>Markets Fly Higher On The Latest Headlines Out Of Russia</li></ul></group><group id="F1DBF83B-9F09-44FF-83E3-B4C27B372654" type="seoLabels"><seoLabels></seoLabels></