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’
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