A dismal report on retail spending in the U.S. and signs of slowing global growth drove the stock market lower for a fourth day in a row. Investors fled to the perceived safety of government bonds, sending yields plunging.
On Wednesday:
The Dow Jones industrial average dropped 186.59 points, or 1.1 per cent, to 17,427.09.
The Standard & Poor's 500 index fell 11.76 points, 0.6 per cent, to 2,011.27
The Nasdaq composite fell 22.18 points, or 0.5 per cent, to 4,639.32.
For the week:
The Dow is down 310.28 points, or 1.8 per cent.
The S&P 500 is down 33.54 points, or 1.6 per cent.
The Nasdaq is down 64.74 points, or 1.4 per cent.
For the year:
The Dow is down 395.98 points, or 2.2 per cent.
The S&P 500 is down 47.63 points, or 2.3 per cent.
The Nasdaq is down 96.73 points, or 2 per cent.
This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.