 The world's second largest economy has struggled to regain momentum since the COVID-19 pandemic, and a slump in the property market has been a major hindrance. Here at home, stocks slumped in another washout as businesses around the world scrambled to contain the effects of the disruptive technology outage. The S&P fell 0.7%, closing at its first losing week in the last three, and it's worse since April. The Dow dropped 337, while the Nasdaq sank 0.8%.