Brussels Anxiety: Percent and Tech-Rich Nasdaq

brussels anxiety: Payrolls firm ADP estimated the U.S. added 135,000 private-sector jobs in September, according to The Japan Times. The figures were below expectations and bolster anxiety following data Tuesday that showed the weakest manufacturing conditions since the Great Recession. The Dow Jones Industrial Average ended at 26,078.62, down 1.9 percent or nearly 500 points, the second day in a row with a loss of more than one percent. ; The broad-based S&P 500 dropped 1.8 percent to close at 2,887.61, while the tech-rich Nasdaq Composite Index fell 1.6 percent to 7,785.25. Other factors behind the drop included fresh worries over a no-deal Brexit after British Prime Minister Boris Johnson's latest plan drew a tepid response from Brussels and anxiety over potential new U.S. tariffs on Europe following a World Trade Organization ruling on subsidies for Airbus that cleared the U.S. to impose new levies. Analysts also cited a drop in U.S. Treasury yields, often seen as a harbinger of economic slowdown. Shortly after the market closed Wednesday, senior U.S. trade officials announced new punitive tariffs on the European Union starting October 18. (news.financializer.com). As reported in the news.