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VOL. 39 | NO. 45 | Friday, November 6, 2015
US stocks end lower as traders worry about global growth
NEW YORK (AP) — The stock market had its biggest fall in two weeks as investors worried that the global economy could be slowing.
Traders were also worrying Monday that last week's strong jobs report opened the way for the first rate hike from the Federal Reserve in nearly a decade.
Priceline plunged 10 percent after its forecast for the fourth quarter came in weaker than analysts were expecting.
The Dow Jones industrial average dropped 179 points, or 1 percent, to 17,730.
The Standard & Poor's 500 index fell 20 points, or 1 percent, to 2,078. The Nasdaq composite fell 51 points, or 1 percent, to 5,095.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.35 percent.