Wall Street fell on Monday and fell sharply on concerns about China's slowing growth in the wake of the biggest drop in Shanghai shares in eight years. The Dow Jones industrial average fell to its lowest level in over five months while the Nasdaq composite was at a four-week low and the S&P 500 touched its lowest in more than two weeks. Chinese shares tumbled more than 8% as an unprecedented government rescue plan to prop up valuations abruptly ran out of steam, raising doubts about the viability of Beijing's efforts to stave off a deeper crash.
Almost all of Dow stocks in negative area (24 of 30). Top looser - The Boeing Company (BA, -1.78%). Top gainer - Intel Corporation (INTC, 0.92).
Almost all of S&P index sectors also in negative area. Top looser - Conglomerates (-1.6%). Top gainer - Utilities ( 1.1%).
At the moment:
Dow 17363.00 -160.00 -0.91%
S&P 500 2062.75 -14.75 -0.71%
Nasdaq 100 4519.25 -42.50 -0.93%
10 Year yield 2,24% -0,03
Oil 47.60 -0.54 -1.12%
Gold 1095.50 10.00 0.92%