Dow Plummets on China Fears

0

stock-market-stocksNot a great start to Monday.

The Dow Jones fell more than 200 points on fears of a Chinese credit crisis. Asian stocks tanked, triggered by a 5.3 percent decline in the Shanghai Composite Index, which hit a low for the year.

The stock market is still recovering from the Federal Reserve’s announcement that the central bank might buy fewer bonds and raise rates. Read more at USA Today.

{Andy Heller-Matzav.com Newscenter}

LEAVE A REPLY

Please enter your comment!
Please enter your name here