Stocks tumble on weak jobs data as a global sell-off whips back to Wall Street
By STAN CHOE
NEW YORK — Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.
The S&P 500 sank 1.8% for its first back-to-back losses of at least 1% since April. The Dow Jones Industrial Average dropped 610 points, or 1.5%, and the Nasdaq composite fell 2.4% as a sell-off for stocks whipped all the way around the world back to Wall Street.
A report showing hiring by U.S. employers slowed last...
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