US stocks fall sharply on bleak Chinese manufacturing report
NEW YORK - More signs of weakness in China's economy are sending stocks and the price of oil sharply lower.
The swoon Tuesday comes a day after U.S. stocks closed out their worst month in more than three years.
The Dow Jones industrial average fell 335 points, or 2 percent, to 16,193 as of noon Eastern time.
The Standard & Poor's 500 fell 37 points, or 1.9 percent, to 1,935. The Nasdaq slid 73 points, or 1.5 percent, to 4,695.
Benchmark indexes were down 2.4 percent in Germany and 3 percent in Britain. Japan's Nikkei fell 4 percent.
An official index of Chinese manufacturing fell to a three-year low last month.
The signs of weakness in China, a major importer of oil, sent the price of crude skidding 7 percent.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
LSU begins digitizing century-old editions of longtime campus newspaper
Hundreds of volunteers pick up litter around the capital city
New entertainment venue set to open at Mall of Louisiana in 2019
Cheeky Capitol parking lot security system strikes again
Denham Springs adds second resource officer to watch its schools