The markets tumbled to open sharply lower with the Dow plummeting 156 points to 16,886 as pro democracy protests continued in Hong Kong and construction spending dropped in August. Nasdaq plunged 52 points to 4,441.
On the upside
Confirmation of the first case of Ebola in the United States lifted shares of Tekmira Pharmaceuticals (Nasdaq: TKMR), whose potential treatment of the rare disease was authorized for emergency use by the Food and Drug Administration.
The Financial Times reported that Angie's List (Nasdaq: ANGI) may sell itself.
Shares of hazmat suit maker Lakeland Industries (Nasdaq: LAKE) climbed after the Centers for Disease Control confirmed the first case of Ebola in the United States.
On the downside
The Markman hearing date for Spherix's (Nasdaq: SPEX) litigation against VTech and Uniden has been rescheduled from October 2, 2014 to November 10, 2014.
Westport (Nasdaq: WPRT) cut its revenue outlook for the full year.
The spread of Ebola to the United States weighed down shares of Delta Air Lines (NYSE: DAL) and United Continental (NYSE: UAL).
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 2 on the NYSE and by nearly 4 to 1 on Nasdaq. The broader S&P 500 tumbled 16 points to 1955. Bitcoin slipped $5 to $378.
Hong Kong protests continue, markets plunge
October 01, 2014 at 10:42 AM EDT
