Wednesday 15 October 2014

Major indexes down more than one percent but off day's lows

Trader works at his terminal on the floor of the New York Stock Exchange in New York By Caroline Valetkevitch NEW YORK (Reuters) - U.S. stocks were down more than 1 percent in afternoon trading on Wednesday as economic data added to worries over the health of the world economy and concern increased about the spread of Ebola. But each of the three major indexes were well off their lows of the session. The S&P 500 had been down more than 3 percent earlier in the day. Still, the losses threatened to wipe out 2014 gains for the S&P 500 and Nasdaq, while the Dow industrials fell further into the red for the year. ...




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