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In commodities trading, the price of oil dropped $2.14, or 2 percent, to $101.35 a barrel. Gold slumped $24.40, or 2 percent, to $1,300 an ounce.

Among other stocks making big moves:

• Jos. A. Bank Clothiers rose $3, or 7.2 percent, to $44.72 after saying it wants to buy rival retailer Men’s Wearhouse for $2.3 billion. Men’s Wearhouse soared $9.98, or 28 percent, to $45.22.

• Alcoa rose 31 cents, or 3.9 percent, to $8.25 after the aluminum maker posted a slim third-quarter profit late Wednesday, reversing a year-ago loss.