Nasdaq enters correction territory in worst day since 2011

US stocks fell sharply at the open

The Commerce Department said orders to USA factories for major manufactured goods grew in September, and the increase was larger than analysts expected.

High-flying companies like Netflix and Amazon took some of the biggest losses Wednesday. The Dow Jones lost nearly 300 points (about 296 points) or around 1.19% to end the day with the bear dogging their heels.

The Dow Jones Industrial Average fell almost 300 points and the S&P 500, a benchmark for many index funds, is now down 9.3 percent from its September peak. The tech-heavy index closed down 4.4 percent - the largest single-day loss in seven years.

Friday saw the American stock market collapse with the S&P 500, Nasdaq Composite Index and Dow Jones all collapsing massively. A gain above 3.26% would have been the Nasdaq's best day since August 2015, and the index flirted with that level late in the afternoon before falling just before the close. -China trading dispute could hurt the economy and dampen corporate earnings growth.

USA stocks plunged on Friday as grim earnings reports from Amazon and Alphabet rekindled a rush to dump technology and high-growth stocks, but data showing economic growth in the last quarter slowed less than expected provided some relief. That was its biggest drop since August 2011 but it is still up 3 percent for the year.

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But that didn't stop him from earning his first technical foul of the season and a trip to the locker room. Referee Scott Foster was the official that ejected Cousins.

Colgate-Palmolive lost 6.6 percent to $59.58 after the maker of consumer products didn't earn as much revenue in the latest quarter as analysts expected. Shares of the tech giant jumped 5.8 percent to $108.30. Recent data showing the housing market is slowing have also fueled speculation that US economic growth will start to slow next year.

A clutch of weak outlooks on Wednesday pushed the Nasdaq into correction territory and erased the Dow and the S&P 500's gains for the year. "They look at this still more as a buying opportunity than a risk", he said. She expects that to change when the dust settles.

Strong earnings reports from Microsoft, Visa, Comcast, Ford and other companies helped drive the market higher.

The S&P 500, the benchmark for many index funds, is now 9.4 percent below the peak it reached in September.

Disappointing earnings reports weigh on technology.

Cavaliers' Kevin Love (foot) questionable for Saturday
Griffin shot just 1-for-9 from the field before the break as Johnson was the only player to reach double figures for Detroit. CAVALIERS: Cleveland's starting backcourt of George Hill and Rodney Hood had no assists Wednesday against Brooklyn.

The S&P 500 index slid 46.88 points, or 1.7 percent, to 2,658.69.

USA stocks declined broadly in early trading Friday, erasing the market's gains from a strong rally a day earlier and putting major indexes back into the red for the year.

Markets sank even as U.S. GDP grew 3.5 percent in the quarter, according to the U.S. Bureau of Economic Analysis.

Toyota Motor Corp. gave up 2.1 percent while Hong Kong-based retail supply chain giant Li & Fung Ltd. lost 2 percent. Australia's S&P/ASX 200 gave up 0.4 percent to 5,640.60. Texas Instruments, a major chipmaker, slumped 8.2 percent and AT&T fell 8.1 percent. Heating oil jumped 1.1 percent to $2.30 a gallon and natural gas fell 0.5 percent to $3.19 per 1,000 cubic feet. The heaviest losses came from technology companies including chipmakers Tokyo Electron and Taiwan Semiconductor Manufacturing and South Korea's Samsung Electronics. Within that group around 180 stocks are now in bear market territory, with their shares having lost more than 20 percent of their value since hitting their 52-week high.

USA bond prices edged lower. Between late June and early October, the market didn't rise or fall as much as 1 per cent in a single day.

This is why Meghan always walks slightly behind her husband Prince Harry
Harry's wedding outfit, including the distinctive frockcoat uniform made by master tailors on Savile Row, is also on display. The bridesmaid dress worn by Princess Charlotte and the pageboy uniform worn by Prince George are also part of the display.

In other trading, benchmark USA crude lost 71 cents to $66.11 per barrel in electronic trading on the New York Mercantile Exchange.

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