You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Snapshot: Fear a big factor for investors at moment

Continue reading below

Investor fears about slowing economic growth in China, US corporate earnings, and monetary policy here and in Europe resulted in a two-day rout in global markets, capped by a 318-point drop in the Dow Friday. It was the index’s worst day since last June. Despite the sell-off, US stocks remain near record highs after surging 30 percent last year. US stocks have not endured a correction — a drop of 10 percent or more over time — since October 2011. The turbulence coincides with a global economic shift: China and other emerging market economies appear to be hitting trouble just as the US and European economies finally show signs of renewed strength.

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week