Thursday 2 October 2014

Oct Crash??? History Again???


After a 266-point drop, the Dow Jones Industrial Average fell 238.19 points, or 1.4 percent, to 16,804.71, with Intel leading blue-chip losses that extended to all but one of 30 components.

The S&P 500 lost 26.13 points, or 1.3 percent, to 1,946.16, with materials knocked the hardest and utilities the sole sector of 10 major industry groups to retain a positive footing.

The Nasdaq dropped 71.30 points, or 1.5 percent, to 4,422.09.

For every share rising, roughly three declined on the New York Stock Exchange, where 865 million shares traded. Composite volume neared 4.2 billion.



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