Wall Street collapses further on QE and China concerns

FXstreet.com (San Francisco) - The US stocks market declined further on Thursday as investor's confidence was hurt by the ending stimulus talks and the slowdown in Chinese manufacturing and credit concerns. The Dow Jones posted its biggest losses of the year and the S&P declined the most in a single day since November 9, 2011.

The Dow Jones collapsed 353.87 points or 2.34% to 14,758.32. The S&P 500 declined 40.74 points or 2.50% to 1,588.19. And the Nasdaq Composite finished 78.57 points or 2.28% down to 3,364.63.