The Dow just had its worst week since the 2008 financial crisis

The Dow Jones Industrial Average just closed out its worst week since the 2008 financial crisis, finishing down nearly 7%. The stock market overall had its worst week since 2011, per the AP.

Why it matters, via Axios' Dion Rabouin: This week's market undoing has analysts and fund managers on Wall Street breaking out the 'R' word — recession. While many had sworn off such language a couple weeks ago, the looming government shutdown and crumbling global growth outlook has Wall Street talking openly about recession.