Dow Jones loses more than 450 points,or 2.8%, at closing bell in sell-off that came after more signs of weakness in China’s economyWorld stock markets got off to a rocky start in September closing sharply down on fears that China’s slowing economy will wound economies across the globe.
In the US all the major indices closed down, and the moment fall of the week,following similar falls in Europe and Asia. The Dow Jones Industrial Average closed down 2.8% at 469 points, the S&P 500 closed down 2.95% and the Nasdaq down 2.95%. US stocks are on course for their worst performance since the end of 2011.
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Source: theguardian.com