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Wal-Mart falls 9%, wiping out $20B in market cap at its lows of the day.

http://www.cnbc.com/2015/10/14/wal-mart-shares-sink-as-ceo-says-sales-will-be-flat-in-fiscal-2016.html

U.S. Stocks Slide Amid Wal-Mart Profit Outlook, JPMorgan Results
http://www.bloomberg.com/news/articles/2015-10-14/s-p-500-futures-little-changed-jpmorgan-intel-fall-on-earnings

Wal-Mart tumbles the most in 27 years on profit outlook

Earnings season is off to a brutal start, with big names announcing big misses all over the place

...U.S. stocks retreated for a second day, with investors anxious about corporate profits as Wal-Mart Stores Inc. predicted earnings will decline next year


...“Wal-Mart’s sizable reset of expectations has shaken the overall market with general concern about both U.S. and global growth,” said Chad Morganlander, a money manager at Stifel, Nicolaus & Co. in Florham Park, New Jersey, which oversees about $170 billion. “Investors are reconsidering their future forecasted growth rates for S&P earnings.”

...“This Wal-Mart news is an opening shot when it comes to the growth story right now,”