U.S. stocks suffer 3rd-worst drop of year on weak China data
U.S. stocks suffered their third-worst loss of the year on Tuesday as part of a global rout sparked by a new round of weak Chinese economic data.
Dow posts worst August decline in 17 years
The month of August can be pretty rough for stock investors. But this August has earned its place in the record books, as stocks were unsettled by uncertainty over the state of affairs in the world’s second largest economy, China.
U.S. stock rally unravels as Dow, S&P 500 end sharply lower
In a dramatic reversal to a morning rally, U.S. stocks relinquished all of their opening gains, and then some, to finish with sharp losses. The main indexes began trimming gains in afternoon trade, falling into negative territory ahead of the closing bell as selling accelerated in the final hour.
Wall St. suffers worst day in four years, S&P confirms correction
Investors rattled about China sent U.S. stock indices almost 4-percent lower on Monday in an unusually volatile session that confirmed the S&P 500 was formally in a correction, even after a dramatic rebound by Apple.
U.S. companies expected to report worst sales fall in nearly six years
U.S. companies are expected to report their worst sales decline in nearly six years when they post second-quarter results, giving investors reason to worry about future profits.
Record 93,626,000 Americans Not in Labor Force
A record 93,626,000 Americans 16 or older did not participate in the nation’s labor force in June, as the labor force participation rate dropped to 62.6 percent, a 38-year low, according to the Bureau of Labor Statistics.