Dow’s 586-point drop puts it on track for its worst month since February 2009 as White House seeks to reassure investors that US economy can withstand volatility

Related: Asian stock markets fall again after Wall Street slump – live

Hundreds of billions of dollars were wiped off global stocks on Monday as a panic that started in China spread across the world on a day dubbed by China’s official news agency, Xinhua, as “Black Monday”.

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Source: The Guardian Circular Economy RSS