The Dow Jones Industrial Average opened to yet another bad day, falling 400 points, or 2.4 percent, shortly after Tuesday's opening bell. Meanwhile, the S&P 500 index dropped 48 points, or 2.5 percent, and futures for the Nasdaq 100 index lost 108 points, or 2.6 percent.
The plunge in U.S. stocks followed the release of weak economic data from China that deepened fears over the health of the world's second largest economy. Markets around the world had rebounded somewhat over the last several trading days, only to take a dive on Tuesday. A senior managing partner at Meridian Equity commented to The Wall Street Journal, "Clearly this is showing us we're not out of the woods by any means."
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talking pointsAfter Pike disaster, is it time to rethink death penalty? -
QUOTE OF THE DAY‘What it actually means in the American context is you want to replace American workers with foreign workers and you want boys to play in girls’ sports.’ -
the explainerJustice Dept. launches largest-ever effort to strip citizenship
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talking pointsAfter Pike disaster, is it time to rethink death penalty?
-
QUOTE OF THE DAY‘What it actually means in the American context is you want to replace American workers with foreign workers and you want boys to play in girls’ sports.’
-
the explainerJustice Dept. launches largest-ever effort to strip citizenship
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