Higher, even pushing the dow and the s p to record high levels. But then investors began to sell socalled momentum stocks, companies that had been some of the sharpest and fastest price gains over the past year. Big Name Technology giants, biotech companies, internet and social networking darlings, all of them suffering from big drops. The dow fell triple digits down 160 points. But the nasdaq was the hardest hit, losing 110 points. Thats a drop of more than 2. 5 . And the s p lost almost 24 points. Sheila dharmarajan watched the market drama from the Nasdaq Exchange and explains whats worrying investors. Reporter the selloff was broadbased as 97 of the nasdaq 100 finished the day in the red. Amongst the big losers, biotech stocks. The big run up we have seen in those names losing favor this year. The nasdaq biotech index was down more than 4 on the day. Also highflying socalled momentum stocks, these are stocks that consistently move in a directionmetimes regardless oe moment up switc
That initially sent stocks higher, even pushing the dow and the s p to record high levels. But then investors began to sell socalled momentum stocks, companies that had been some of the sharpest and fastest price gains over the past year. Big Name Technology giants, biotech companies, internet and social networking darlings, all of them suffering from big drops. The dow fell triple digits down 160 points. But the nasdaq was the hardest hit, losing 110 points. Thats a drop of more than 2. 5 . And the s p lost almost 24 points. Sheila dharmarajan watched the market drama from the Nasdaq Exchange and explains whats worrying investors. Reporter the selloff was broadbased as 97 of the nasdaq 100 finished the day in the red. Amongst the big losers, biotech stocks. The big run up we have seen in those names losing favor this year. The nasdaq biotech index was down more than 4 on the day. Also highflying socalled momentum stocks, these are stocks that consistently move in a directionmetimes re
Radio partners statewide as well as w. Jdl and batteries kpbs in shreveport cspan in the pbs newshour for sharing this Evenings Program with our viewers and listeners. I am very earned present the council for a better louisiana or cable and thank you for being with us tonight. Over the next hour we will delve into many issues of importance to our state and country with their three invited candidates. Participating tonight our commerce and bill cassidy retired colonel rob maness and senator mary landrieu. Thanks to all of you for being with us this evening. A panel of journalists include Shauna Sanford coanchor and producer of lbb louisiana the state we are in, allen english editor of the Times Newspaper here in shreveport stephanie grace a columnist for the advocate and jeremy offer editor and publisher of politics. Com. We drew names to determine the seating in order of questioning and the format this evening is designed to learn more about where the candidates stand on key issues fac
Health organization about what colorado ne could come next. How it is killing people at a higher rate than scientists first estimated . Breaking news from the centers or Disease Control and prevention. Where minutes from now, we are waiting to are a live News Conference from the cdc on the ebola patient in dallas, that 26yearold nurse. She is the first person in the entire country to become infected. It happened while she was caring for a patient in dallas who ultimately died of ebola. Other breaking news this hour. Weve just learned that for the first time in american history, scientists are testing an ebola vaccine on people. It is happening in maryland with 39 volunteers and it started yesterday. Back to the cdc, we expect an update on the outbreak in west africa, that as the World Health Organization is warning the number of ebola cases in west africa could skyrocket in just a couple of months if workers there do not step up their efforts to contain it. Officials say in the last mo