Markets Right Now: S&P 500 sinks to lowest level since April

NEW YORK (AP) — The latest on developments in financial markets (all times local):
4 p.m.
Stocks ended the week with a steep loss on Wall Street as the S&P 500 dropped to its lowest level since April.
The benchmark index is now down almost 3 percent for the year.
New concerns about slowing growth in China as well as growing disarray surrounding plans for Britain to exit the European Union put investors in a mood to sell Friday.
Johnson & Johnson plunged 10 percent after Reuters rep