Categories: U.S. Investing

Wall Street Slides on China Data, Earnings

Wall Street Slides on China Data, Earnings (Reuters)

U.S. stocks fell on Thursday, with the Dow Jones industrial average recording its third consecutive day of losses, after weaker-than-expected manufacturing data in China and lackluster U.S. corporate earnings. The Dow Jones industrial average fell 175.93 points, or 1.07 percent, to 16,197.41, while the S&P 500 lost 16.38 points, or 0.89 percent to 1,828.48. The Nasdaq Composite index fell the least of the three, with a dip of 24.126 points, or 0.57 percent, to 4,218.875.

Paul Dykewicz

Paul Dykewicz is the editor of StockInvestor.com and the editorial director of Eagle Financial Publications in Washington, D.C. He writes and edits for the website, as well as edits investment newsletters, time-sensitive trading alerts and other reports published by Eagle. He also is an accomplished, award-winning journalist who has written for Dow Jones, USA Today and other publications, as well as served as business editor of a daily newspaper in Baltimore. In addition, Paul is the author of the inspirational book, "Holy Smokes! Golden Guidance from Notre Dame's Championship Chaplain." He received his MBA in finance from Johns Hopkins University, where he was a two-time president of the school's Finance Club. In addition, Paul has a bachelor's degree from the University of Michigan and a master's degree in journalism from Michigan State University. Outside of work, Paul volunteers with a faith-based organization to assist the poor in Southeast Washington, D.C., to learn personal finance skills to lift themselves out of debt.