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NEW YORK Jonathan Allen Jersey , Sept. 25 (Xinhua) -- U.S. stocks fell sharply Thursday with all three major indices plunging more than 1 percent, as a slump in durable goods orders and escalating geopolitical risks spooked investors.
The benchmark indices suffered their worst single-day declines in nearly two months. The Dow Jones Industrial Average closed at a session low of 16,945.80 points, diving 264.26 points, or 1.54 percent. The S&P 500 sank 32.31 points, or 1.62 percent Vernon Davis Jersey , to 1,965. 99. The Nasdaq Composite Index skidded 88.47 points, or 1.94 percent, to 4,466.75, weighed down by Apple.
The S&P 500's 10 sectors all ended in negative territory Jordan Reed Jersey , with technology and financials leading the laggards.
New orders for manufactured durable goods tumbled 18.2 percent in August, said the U.S. Commerce Department Thursday. The decline partially offset a surge of 22.5 percent in July driven by strong demand for commercial aircraft.
Meanwhile, the number of Americans who initially applied for jobless benefits in the week ending Sept. 20 rose 12,000 to a seasonally adjusted 293,000, reported the U.S. Labor Department. Despite the increase Kirk Cousins Jersey , initial claims remained near a pre-recession low, a sign that the U.S. labor market was steadily improving.
U.S. service sector activity continued to expand in September but at a slower pace, said financial data firm Markit. The seasonally adjusted Flash U.S. Services Purchasing Managers' Index posted 58.5 in September, down from August's final reading of 59.5 but still well above the neutral 50.0 threshold.
Analysts also cited rising geopolitical risks in Russia as a reason for the slump, after reports showed that a draft law submitted to Russia's parliament Wednesday would allow Russian courts to seize foreign assets on its territory.
In corporate news, Apple shares were slammed on Thursday Josh Norman Jersey , dropping 3.81 percent to end at 97.87 U.S. dollars apiece, as the iPhone maker was struggling to fix glitches in its new operating system.
Market volatility increased remarkably during this week, but analysts said it was still below historical average.
The CBOE Volatility Index, often referred to as Wall Street's fear gauge, jumped 17.86 percent to end at 15.64 on Thursday.
In other markets, the dollar advanced against most major currencies and it rose versus the euro as the Federal Reserve is expected to raise interest rate in 2015 while the European Central Bank may take more stimulus measures.
In late New York trading Trent Williams Jersey , the euro slipped to 1.2747 dollars from 1.2781 dollars in the previous session. The greenback bought 108.69 Japanese yen, lower than 108.99 yen of the previous session.
U.S. crude prices fell as weak U.S. economic data outweighed geopolitical risk in the Middle East. Light, sweet crude for November slipped 27 cents to settle at 92.53 dollars a barrel on the New York Mercantile Exchange.
Gold futures on the COMEX division of the New York Mercantile Exchange rose on a sharp drop in the U.S. equities. The most active gold contract for December delivery rose 2.4 dollars, or 0. 2 percent, to settle at 1,221.9 dollars per ounce.
Diablo Valley Oncology and Hematology Medical Group?s breast cancer specialist Ryan Kerrigan Jersey , Tiffany Svahn, M.D. was given the honor of accepting a Proclamation declaring October Breast Cancer Awareness Month and October 16th National Mammography Day in the City of Orinda. Dr. Svahn received this recognition because of her dedication, hard work, leadership and perseverance in the fight against breast cancer.
Seeing approximately 800 breast cancer patients a year, Dr. Svahn?s approach involves treating the whole person, not just their disease. ?I find it important to address not only my patient?s medical needs Sean Taylor Jersey , but their emotional and psychological ones as well. In addition to focusing on treatment of the disease, I urge my patients to lead a healthy life style with exercise and good nutrition and I help them learn about the different aspects of wellness,? says Dr. Svahn.
As a recognized leader and expert in her field, Dr. Svahn was recently asked to organize and lead a national event for East Bay breast cancer survivors. Held in major metropolitan areas across the country, the event is called ?the Many Faces of Breast Cancer?. Dr. Svahn and Diablo Valley Oncology and Hematology Medical Group partnered with the American Cancer Society, the Wellness Community Custom Washington Redskins Jerseys , and AstraZeneca to bring this program to the community. It was held at the Lesher Center for the Arts in Walnut Creek on Saturday October 24th with a full house of breast cancer survivors!
Dr. Svahn has been in private practice since 2006 at Diablo Valley OncologyHematology Medical Group located at the California Cancer and Research Institute in Pleasant Hill. She is board certified in Internal Medicine and Medical Oncology and has full privileges at John Muir Medical Center?s Walnut Creek and Concord Campuses and San Ramon Regional Medical Center. Her group?s facility is the largest freestanding community focused cancer center in central Contra Costa County and provides comprehensive cancer and blood disorder care all at one convenient location. There are six medical oncologists and one radiation oncologist in the group and they each focus on one or more specific tumor types and blood disorders. This specialization gives patients an extra level of comfort and confidence knowing they are being cared for by the very best, most knowledgeable practitioners in the field.
The California Cancer and Research Institute is a three story building located in a peaceful, park like setting at 400 Taylor Blvd in Pleasant Hill. The facility opened in 2008 and is a contemporary and serene space where patients come for medical oncology & hematology appointments, radiation, chemotherapy and biological treatments, diagnostic imaging Throwback Washington Redskins Jerseys , clinical trials and supportive services. The comment physicians he. NBA Jerseys Cheap Jerseys Wholesale NHL Jerseys From China NFL Jerseys Online NCAA College Jerseys Cheap New NBA Jerseys Cheap Authentic Jerseys Cheap College Hockey Jerseys Cheap Baseball Jerseys Cheap NHL Hockey Jerseys Cheap |
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