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First Solar rally ends, energy stocks drop

6/13/12 9:39 AM ET (MarketWatch)

NEW YORK (MarketWatch) -- Energy stocks fell back on Wednesday after gains in the previous session. First Solar lost 5.3% after a big rally on Tuesday. Chesapeake Energy Corp. dropped 3.3% and WPX Energy Inc. fell back by 2.9%. Energy stocks in the S&P 500 lost an average of 1.3% each in early trades.