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.
15:45 Warren Buffett rails against fee-hungry Wall Street managers17
13:09 JCPenney shuttering up to 140 stores as sales weaken, more sluggish growth seen ahead18
17:21 Stocks mixed after Treasury Secretary points to significant tax reform; industrials lag24
18:41 U.S. home sales hit 10-year high, prices soar20