Stocks slid steeply on a string of bad news from American companies that indicated tough economic times ahead. The Dow Jones Industrial Average fell 243.36 points, or 1.8 percent, to close at 13,102.53, its worst loss since June. Investors were spooked by disappointing earnings reports from corporate bellwethers like DuPont, 3M, UPS, and Xerox, which indicated that slowing economic growth in China and ongoing turmoil in Europe could be taking a toll on American companies.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- 43 TV shows to watch in 2014
- The latent sexism of the male marriage proposal
- Bush vs. Clinton in 2016 is the perfect way to make millennials hate politics even more
- The real story behind Deliver Us From Evil
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- After Ferguson: Stop deferring to the cops
- The hilarious hypocrisy of Republicans complaining about the imperial presidency
- What would a U.S.-Russia war look like?
- The Hunger Games: Mockingjay — Part 1: 10 major differences between the book and the movie
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
Subscribe to the Week