2016-01-20 — nytimes.com
The worldwide drop in stocks signaled continuing nervousness among global investors despite a sanguine reaction earlier in the week to data showing that China's economic growth continued to slow. Concerns about China's prospects, as well as the drop in oil prices and signs of weakness elsewhere, have affected global markets in recent months.
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Oil prices continued their monthslong sell-off, with the price of a barrel of crude falling 3.5 percent to $27.46 in trading on the New York Mercantile Exchange. On Wednesday, Royal Dutch Shell warned that it expected its profit for the fourth quarter of 2015 to be about half of what it was in the comparable period a year earlier.
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