The first confirmed case of Ebola in the U.S. spooked investors. The markets plunged to close sharply lower with the Dow diving 238 points to 16,804. Nasdaq collapsed 71 points to 4,422.
On the upside
China Green Agriculture (NYSE: CGA) declared its first cash dividend of 10 cents per share payable on January 31, 2015 to shareholders of record October 31, 2014.
New York Times (NYSE: NYT) will eliminate 100 jobs in order to lower costs.
Bargain hunters lifted shares of Civeo (NYSE: CVEO).
On the downside
Investors locked in profits on RGS Energy (Nasdaq: RGSE).
Jim Cramer warned that efforts by the government to hasten the timeline to update railcars may negatively impact the earnings of Greenbier Companies (NYSE: GBX).
Polls indicating that Brazilian president Dilma Rousseff has widened her lead over pro-business challenger Marina Silva weighed down shares of Petrobas (NYSE: PBR).
In the broad market, declining issues outpaced advancers by a margin of more than 3 to 1 on the NYSE and by 7 to 2 on Nasdaq. The broader S&P 500 plummeted 26 points to 1946. Bitcoin lost $5 to $378.
Ebola concerns roil markets
October 01, 2014 at 19:43 PM EDT
