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Brothers of Pope Leo XIV and those who knew him before he became the new leader of the Catholic Church reacted to the history-making moment. They shared stories about the Chicago-born pontiff and what kind of pope they think he will be.

0:00 Pope Leo XIV's…

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The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.