US SHARES yesterday fell more than one per cent, with the S&P 500 closing below a key technical support level, as declines in energy and airline shares led a late-day selloff.
The Dow Jones industrial average fell 223.03 points, or 1.35 per cent, to 16,321.07, the S&P 500 lost 31.39 points, or 1.65 per cent, to 1,874.74 and the Nasdaq Composite dropped 62.58 points, or 1.46 per cent, to 4,213.66.
Airline stocks fell after a Dallas nurse contracted Ebola while caring for a dying Liberian patient. Shares in United Airlines fell 7.3 per cent to $40.55, while shares in Delta Air Lines dropped 6.1 per cent to $30.90. Shares of cruise company Carnival were down 4.6 per cent at $33.88.
The largest percentage gainer on the S&P 500 was CSX Corp, up 5.9 per cent, while the largest percentage decliner was QEP Resources, down 9.2 per cent.