US indexes slide, putting the market on track for a third loss in a row; Airline stocks fall
{{#rendered}} {{/rendered}}FILE - In this May 11, 2007, file photo, a Wall Street sign is mounted near the flag-draped facade of the New York Stock Exchange. Stocks are heading lower in early trading Wednesday, Oct. 1, 2014, putting the market on course for its third loss in a row. (AP Photo/Richard Drew, File) (The Associated Press)
Stocks are sliding in midday trading, putting the market on course for its third loss in a row.
The Dow Jones industrial average slumped 164 points, or 1 percent, to 16,878 as of noon Eastern time Wednesday.
The Standard & Poor's 500 index fell 13 points, or 0.7 percent, to 1,959. The Nasdaq composite fell 42 points, or 0.9 percent, to 4,451.
{{#rendered}} {{/rendered}}Airlines stocks fell as investors feared that news of the first case of Ebola being diagnosed in the U.S. might discourage people from traveling. American Airlines and Delta each fell 3 percent.
U.S. government bond prices rose. The yield on the 10-year Treasury note fell to 2.42 percent.