US manufacturing, construction suffer setbacks; Dow ends down 238 points; small-cap Russell 2000 in correction territory; Trader: ‘Potential for 500-point drop next month’

Wednesday, October 1, 2014
By Paul Martin

Investmentwatchblog.com
October 1st, 2014

World Bank Warns of ‘Economic Imperative’ to Respond Rapidly To Ebola

World Bank Group President Jim Yong Kim will says the world is once again learning the ‘terrible consequences’ of responding too slowly to a pandemic. As first US case is diagnosed, Jim Yong Kim says the world has a moral and economic duty to respond before the disease spreads further

The Dow DJIA, -1.40% has undercut its 50-day moving average, and it is on pace to close under that level for the first time since mid-August.

http://www.telegraph.co.uk/finance/11132801/World-Bank-warns-of-economic-imperative-to-respond-rapidly-to-Ebola.html

The Dow’s dive took out this key chart level

Blue-chip gauge breaks 50-day moving average

The Rest…HERE

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