Dow closes more than 500 points lower as tech pressure mounts, Apple slides 4%; European stocks close higher with euro zone data in focus; Adidas and Puma shares rise; BELELX15 down 0.58% as Jedinstvo, NIS and Belgrade Airport fall 
Stocks fell sharply on Wednesday as Wall Street’s September struggles continued, with tech shares sliding once again. The Dow Jones Industrial Average traded 512 points lower, or 1.9%. Earlier in the session, the Dow was up 176 points. The S&P 500 slid 2.2% and the Nasdaq Composite pulled back by 2.9%. 
Johnson & Johnson bucked the broader market’s negative trend, rising 0.6% after the company said it started a phase 3 trial of its coronavirus vaccine. 
Nike shares jumped 10% after the company said digital sales surged more than 80% last quarter. Earnings and sales blew past analysts expectations last quarter and the company gave a forecast for growth in the new fiscal year. 

European stocks closed higher Wednesday as investors reacted to key data releases from the euro zone and weighed up the possibility of further stimulus measures for the region. The pan-European Stoxx 600 closed 0.7% higher provisionally, with travel and leisure stocks bouncing 2.3% as most sectors and major bourses held in positive territory. 
Euro zone business activity growth slowed in September, with IHS Markit’s preliminary euro zone composite purchasing managers’ index (PMI) reading coming in below expectations at 50.1, down from 51.9 in August. A reading above 50 represents expansion. 
Adidas shares climbed over 4% and fellow German sportswear brand Puma also added 4%, buoyed by a strong earnings report from U.S. rival Nike. French engineering group Alten jumped more than 9%. 

BELEX15 was down 0.58%, as Jedinstvo Sevojno lost over 4%, while Belgrade Airport and NIS were down 2.8% and 0.17%, respectively. The most active were NIS and Jedinstvo with RSD 1.2m and 1.9m in volume. 
Source: CNBC, Ilirika