How major US stock indexes fared Thursday

Stocks went into a steep slide Thursday after Apple sent a shudder through Wall Street with word that iPhone sales in China are falling, reinforcing fears that the global economy is weakening.

On Thursday:

The S&P 500 index sank 62.14 points, or 2.5 per cent, to 2,447.89.

The Dow Jones Industrial Average slid 660.02 points, or 2.8 per cent, to 22,686.22.

The Nasdaq composite surrendered 202.43 points, or 3 per cent, to 6,463.50.

The Russell 2000 index of smaller-company stocks lost 25.07 points, or 1.8 per cent, to 1,330.83.

For the week:

The S&P 500 is down 37.85 points, or 1.5 per cent.

The Dow is down 376.18 points, or 1.6 per cent.

The Nasdaq is down 121.02 points, or 1.8 per cent.

The Russell 2000 is down 7.09 points, or 0.5 per cent.

For the year:

The S&P 500 is down 58.96 points, or 2.4 per cent.

The Dow is down 641.24 points, or 2.7 per cent.

The Nasdaq is down 171.77 points, or 2.6 per cent.

The Russell 2000 is down 17.73 points, or 1.3 per cent.