Dow drops below 10,000

Wall Street skidded further today, sending the Dow Jones industrials back below 10,000 as disappointments from Microsoft and Amazon deepened investors’ dread of a second-half earnings slump.

All three indexes ended the week lower for the fourth week in a row, as investors sold stocks across all sectors and industries, with technology and consumer staples taking the brunt of the selloff. The tech-heavy Nasdaq composite index fell to its lowest point of the year.