Stock sell-off turns uglier: Dow down almost 300 points

August 21, 2015 3:26 PM

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Stock sell-off turns uglier: Dow down almost 300 points

The market sell-off got uglier on Friday as stocks dropped for a fourth straight day with the Dow tumbling almost 300 points and moving closer to correction territory.

Global markets have come under pressure this week on growing concerns about a slowing Chinese economy and slumping oil prices. Fresh data from China Friday showing weaker manufacturing added to the worries.

Also read: U.S. Stocks Mixed After Jobs Report; Global Shares Down

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