Markets Plunge On China, Ebola Concerns and Data

The markets were nearly all in the red as the Hong Kong political protests continued for the sixth day and the first case of Ebola in the United States was confirmed in Texas. The slightly better than expected ADP Jobs Report was offset by weaker than expected ISM Manufacturing data which sent the markets down to their session lows.

Market Radar - % Change

Crude Oil prices continued to slide settling at $90.65 per barrel down 0.51% or $0.56. Gold scratched out one of the few gains on the day climbing $3.90 to settle at $1,215.5 per ounce up 0.32%.

All of the major benchmarks saw steep declines today. The Dow Jones Industrials (INDEXDJX:DJI) continued a three day slide slipped 1.4% to close at 16,804.71 down 238.19 points and had the steepest intraday drop since July 31. The S&P 500 (INDEXSP:GSPC) fell 1.32% to close at 1,946.16 down 26.13 points.

The NASDAQ Composite (NASDAQ:IXIC) fell 71.3 points to close at 4,422.09 down 1.59%. The NASDAQ 100 saw the steepest percent loss of the major benchmarks losing 1.6% to close at 3,984.74 down 64.70 points.

The Small cap Russell 2000 entered correction territory, a loss of 10% or more from its all-time high close on March 4 falling 16.27 points or 1.48% to close at 1,085.41. The Fox50 closed at 1,385.59 losing 1.36% or 19.11 points.