Investors Grapple with Disappointing Economic News

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Another wild week on Wall Street saw equity indexes end mostly down, as investors grappled with a stream of disappointing economic news and heightened concerns about Ebola. While the S&P 500, DJIA and Nasdaq all lost ground despite a sharp Friday rally, the Russell 2000 Index of small cap stocks posted its first weekly gain in seven weeks. The CBOE Volatility Index spiked to its highest level since 2011 before easing, while safety-seeking investors sent the yield on the benchmark ten-year U.S. Treasury bond to its lowest level since May 2013.

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