Wall St. tumbles, oil slips on weak manufacturing report from China

Source: http://www.reuters.com/article/2015/08/21/us-markets-stocks-usa-idUSKCN0QQ15Y20150821

By Reuters

Aug 21, 2015

The S&P 500 suffered its biggest daily percentage drop in nearly four years on Friday and the Dow confirmed it had entered into correction territory as fears of a China-led global slowdown rattled investors around the world.

A report overnight showed China's manufacturing sector shrank at the fastest pace since 2009, exacerbating worries about the health of its economy and whether the government would take further steps to stem its slowdown.

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