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Wall St drops on canada goose clearance sale global growth worry
indexes briefly falling more than two Canada Goose Online percent, as economic data reinforced canada goose outlet toronto factory worries over the https://www.canadagoosejacket-outlet.ca health of the world economy and on signs of slowing merger activity.
The declines sent the S and Nasdaq composite indexes into canada goose coats on sale negative territory for the year, while the Dow Industrials fell into Canada Goose Jackets the red for 2014 on Friday. The benchmark S 500 has lost more than 7 percent since its Sept. canada goose 18 buy canada goose jacket cheap record closing high. earnings and the spread of Ebola. government moved to curb deals designed to reduce tax, throwing the vitality of merger and acquisition activity into doubt.
Concerns about a slowing global economy weren helped by economic data that showed retail sales fell 0.3 percent in September, worse than an expected 0.1 percent decline. Also, producer prices fell canada goose store in September for the first time in over a year, a sign inflation may canada goose deals be having difficulty gaining traction, while manufacturing canada cheap Canada Goose Jackets goose outlet store locations activity in New Canada Goose Coats On Sale York canadian goose jacket slowed to its weakest pace since April.
had Empire 2018 canada goose outlet State manufacturing coming in much lower than expected, Canada Goose online we had retail sales coming in lower than expected, so there were signs, with this recent data, of cheap Canada Goose an economic slowdown, said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey.
couple this with fears about the spread of Ebola, with the recent downtrend and what we had today, the mindset has been a flight to safety and cash is certainly a safe place to be in.
In earnings news, Bank of America shares were off 3 percent canada goose black friday sale to $16.03 canada goose replica after posting its third quarter results.
S 500 companies are expected to show earnings growth of 6.4 percent in the third quarter, according to Thomson Reuters data, with revenue growth expected at 4 percent. (1800 GMT) the Federal Reserve Beige Book on business activity across the nation is expected.
The largest percentage gainer on the S 500 was Southwestern Energy, which Canada Goose sale rose 2.1 percent, while the largest percentage decliner was KeyCorp, down 6.3 percent after its quarterly results.
The largest percentage gainer on the Nasdaq 100 was NXP Semiconductor, up 1.6 percent, while the largest percentage decliner was Liberty Interactive, down 3.5 percent.
Declining issues were outnumbering advancing ones on buy canada goose jacket the canada goose clearance NYSE by 2,515 to 435, for a 5.78 to 1 ratio on the downside; on the Nasdaq, 1,910 issues Canada Goose Outlet were falling and 513 advancing for a 3.72 to 1 ratio favoring decliners.
The benchmark S 500 index was posting 2 Canada Goose Parka new 52 week canada goose coats highs and 68 new lows; the Nasdaq Composite was recording 2 new highs and 192 new lows. (Additional reporting by Yasmeen Abutaleb; Editing by Bernadette Baum).