Nearly everything on Wall Street is tumbling Monday as fear about a slowing American economy worsens and sets off another sell-off for financial markets around the world.
The S&P 500 was down by 3.1 percent in morning trading, coming off its worst week in more than three months. The Dow Jones Industrial Average was down 956 points, or 2.4 percent, as of 10:10 a.m. Eastern time, and the Nasdaq composite slid 4 percent.
The drops were just the latest in a sell-off that swept the globe. Japan’s Nikkei 225 helped start Monday by plunging 12.4 percent for its worst day since the Black Monday crash of 1987.
