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US stocks sink as S&P 500 heads for another losing week

FILE - In this Oct. 8, 2014, file photo, American flags fly in front of the New York Stock Exchange. Asian stock markets were rattled Friday, July 24, 2015, by a slump in Chinese manufacturing to a 15-year low and cautious earnings outlooks from U.S. companies. European benchmarks rose as talks began in Athens for Greece's bailout. Futures pointed to gains on Wall Street after three days of losses. (AP Photo/Mark Lennihan, File)U.S. stocks moved broadly lower in midday trading Friday, on course for another losing week. Disappointing quarterly results from several companies and increased worry that China's economy is slowing weighed on the market. Health care and materials stocks were among the biggest decliners.


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