NEW YORK (Reuters) - Stocks tumbled to 5-year lows on Wednesday as investors grappled with an increasingly dire outlook for the global economy following a raft of disappointing profits and outlooks from major U.S. companies.
The Dow Jones industrial average sank 514.45 points, or 5.69 percent, to end unofficially at 8,519.21, based on the latest data. The Standard & Poor's 500 Index slumped 58.26 points, or 6.10 percent, to finish unofficially at 896.79. The Nasdaq Composite Index slid 80.93 points, or 4.77 percent, to close unofficially at 1,615.75.
(Reporting by Chris Sanders; Editing by Jan Paschal)
