Wall St dips on poor data - New York Report

US SHARES slipped yesterday, dragged down by energy and materials shares as economic data disappointed.

The Dow Jones industrial average fell 28.32 points, or 0.17 per cent, to 17,042.9, the S&P 500 lost 5.51 points, or 0.28 per cent, to 1,972.29 and the Nasdaq Composite dropped 12.46 points, or 0.28 per cent, to 4,493.39.

Among the most active shares were Ford Motor , down 2.12 per cent to $14.79, a day after its disappointing profit forecast.

However, shares of Tekmira Pharmaceuticals, which is working on a treatment for Ebola, surged 23.7 per cent to $26.24 in after- hours trade after the Center for Disease Control confirmed the first case of the virus in the US.

Online auction firm eBay rose 7.5 per cent to $56.63, after it announced a plan to spin off its PayPal unit.