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Business update: An ugly day on Wall Street

It was ugly today.
First, the scoreboard:
Dow: 15,372.8 (-326.0, -2.0%)
S&P 500: 1,741.8 (-40.7, -2.2%)
Nasdaq: 3,996.9 (-106.9, -2.6%)
And now the top stories:
January’s sell-off spilled into February.
The ISM manufacturing index dropped to 51.3 in January from 56.5 in December. Economists were looking for a reading of 56.0. The new orders sub-index collapsed to 51.2 from 64.4. For the most part, companies surveyed blamed bad weather. “We can say ignore today’s decline, […]

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