Markets Pummeled On Data and Ebola, Rebound Late
October 15, 2014 at 16:21 PM EDT
The equity markets sold off following a clobbering of the major European indexes with significant intraday losses across the U.S. benchmarks. Lower than expected results on retail sales and PPI combined with the report of a second health care worker infected with Ebola pushed stocks lower while the VIX volatility index hit its highest point since December 2011. An afternoon rebound saw the major indexes well off their lows or into positive territory.