U.S. Stocks Sink as Oil Rout Deepens With Emerging-Asset Selloff
- S&P 500 has worst week since August as commodities tumble
- High-yield ETF plunges as outlook for energy producers worsens
Oil Prices Continue to Slide, Here's Why
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Global financial markets turned gloomy as the prospects for a Federal Reserve interest-rate increase next week and a drop in oil helped spark a selloff in riskier assets, from equities to commodities to high-yield debt.