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.

Read the full story on Reuters.com.

Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments