US markets plunge on opening, Dow sinks 5.6%

GMT 13:43 2015 Monday ,24 August

Arab Today, arab today US markets plunge on opening, Dow sinks 5.6%

US stocks
New York - Arab Today

US stocks tumbled in opening trade Monday, with the Dow plummeting more than 900 points as a global equity slump worsened following another big drop in Chinese stocks.

About three minutes into trade, the Dow Jones Industrial Average stood at 15,537.98, down 921.77 points (5.60 percent). The broad-based S&P 500 sank 91.65 (4.65 percent) to 1,879.24, while the tech-rich Nasdaq Composite Index fell 368.52 (7.83 percent) to 4,337.52.

 

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