Stocks Slip on Economic Concerns Globally on Midterm Election Day

Stocks fell across the board in midday trading Tuesday as voters head to the polls for the midterm elections. The latest economic data showed New York City business activity is slowing down. The index dropped to 54.8 in October, the estimate was for 62. New orders for factory goods fell 0.6% in September but in line with expectations. Shares of Priceline (PCLN) are falling after the company reported disappointing quarterly results. JPMorgan (JPM) is also slipping after confirming it is facing a criminal probe by the Justice Department on its currency trading. Office Depot (ODP) stock is soaring, up more than 18%. The office supplies retailer reported its first quarterly profit after three losing quarters. The company also raised its full year outlook. Monster Worldwide (MWW) is also rising in midday trading. Investors are welcoming the job-search website's new CEO, Timothy Yates.