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Wall Street plunges on global economic worries

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Reuters

(Reuters) - The S&P 500 suffered its biggest daily percentage drop in nearly four years on Friday as fears of a China-led global slowdown continued to rattle investors.

The Dow Jones industrial average <.DJI> fell 530.81 points, or 3.12 percent, to 16,459.88, the S&P 500 <.SPX> lost 64.7 points, or 3.18 percent, to 1,971.03 and the Nasdaq Composite <.IXIC> dropped 171.45 points, or 3.52 percent, to 4,706.04.

(Reporting By Sinead Carew; Editing by Nick Zieminski)

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First Published: Aug 22 2015 | 1:44 AM IST

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