Worries about the economy sent the stock market tumbling again on Friday.
The Dow slid 804 points, or 1.8%, in recent trading. The S&P 500 was down 1.7%. The Nasdaq Composite was down 2.1%.
After Walmart’s outlook prompted a market slide on Thursday, the latest survey from the University of Michigan added to worries about the U.S. consumer. Consumer discretionary was the S&P 500’s worst-performing sector with a decline of more than 2.6%. Industrials were also down 2.3% in the wake of weak flash Purchasing Managers Index readings from S&P Global. The surveys of activity in the manufacturing and services sectors are closely watched economic indicators.