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China accounts for about 20% of Herbalife's business.
The lawmakers asked three regulators to investigate whether the billionaire activist violated insider trading or other laws in the wake of his "actions in the market for renewable fuel credits."
Stocks break higher in the afternoon session thanks to a rebound in the price of crude oil and as investors assess a solid jobs report for April.
Stocks post slight gains on Friday as a rebound in crude prices fuels a rally in the energy sector.