U.S. stocks slumped late in the trading session on Friday as the S&P broke below the 2,000 level and the Dow slipped closer toward correction territory as fears of a China-led global slowdown continued to rattle investors.
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.
23:10 Tim Raines, Jeff Bagwell, Pudge Rodriguez elected to Baseball Hall of Fame16
11:20 PE firm Warburg buys $121 million stake in Indian cinema operator PVR13
12:23 Sterling volatile as market speculates on ‘hard Brexit’; investors await May's speech16
13:48 Wells Fargo Profit Falls 5.4% as Mortgage Revenue Declines25