Business

Dow dips to worst day in 5 weeks; bond prices jump

By Ken Sweet
Published May 15, 2014 9:57pm ET
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Dow dips to worst day in 5 weeks; bond prices jump
FILE - In this May 11, 2007 file photo, a Wall Street sign is seen at an entrance to the New York Stock Exchange. Global stock markets were mostly lower Thursday May 15, 2014 ahead of quarterly European growth figures that investors hope will show a strengthening economic recovery. (AP Photo/Richard Drew, file) | RICHARD DREW

NEW YORK (AP) — Investors retreated from stocks Thursday, leading the Dow Jones industrial average to its worst day in five weeks, after disappointing earnings from Wal-Mart and mixed news about the global economy.

Financial markets reflected broader investor jitters: government bonds rose, small-company stocks continued to plunge, and safe, slower-growth industries fared the best.

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