The U.S. stock market made an alarming fall for the second day in a row, creating more worries that China’s slowing economy would take America down with it

The Dow Jones Industrial Average — a basket of 30 of America’s most iconic companies — fell 529 points in value during the day, with the Nasdaq, which is more representative of tech stocks, fell 171 points. Both dropped more than 3%

Those are enormous losses for a stock index, more indicative of a panic or crisis rather than a bad day in the markets. The drop caps one of the worst weeks for the country’s main indices since the financial crisis. Read more…

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U.S. stock market suffers drastic day of panic, capping a miserable week