Stock markets plunge on global slowdown worries

Jeva Lange's avatar
By
Published
Wall Street
(Image credit: Getty Images)

The Dow Jones Industrial Average on Friday fell 500 points, continuing a two-day slide in stocks triggered by concerns about a global economic slowdown. The main cause for investor concern is weakness in China's economy, which powers a good chunk of the worldwide economy. The S&P 500, a larger index, fell below 2,000, rounding out its worst week since 2011.

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Sign up
Explore More
Jeva Lange
Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.