But traders and money managers said several factors contributed to relatively calm trade this time, including actions taken by the New York Stock Exchange that... The S&P 500 lost 3.6% Friday, just shy of its 3.9% drop on Aug. 24 amid a global selloff on fears about an economic slowdown in China. U.S. stocks recorded their steepest declines since Aug. 24 on Friday, but traders said this rout felt more controlled than last summer’s.

Source: Wall Street Journal June 24, 2016 23:10 UTC