The Wall Street Journal
January 23, 2014
Stocks suffered broad declines as weak data out of China spooked investors, triggering a flight out of riskier assets.
The increase in market volatility, which included sharp selloffs in emerging markets and the biggest tumble in Argentina’s currency in over a decade, came as U.S. stocks has struggled in recent weeks to regain the upward momentum seen at the end of 2013.
On Thursday, the Dow Jones Industrial Average slid 175.99 points, or 1.1%, to 16197.35, the lowest close since Dec. 19.