Europe follows Wall Street and Asia in sell-offs amid worries over Chinese slowdown and looming US interest rate rise
Global stock markets staged a dramatic start to September as rising worries about China’s economic slowdown sparked fresh sell-offs in Asia, Europe and on Wall Street.
After suffering their worst month in three years in August, US shares tumbled after Tuesday’s opening bell. In early trading, the Dow Jones industrial average was down 2.2% and the S&P 500 had sold off 1.9%. News that US manufacturing activity slowed in August added to pressure on share prices.
Source: The Guardian Circular Economy RSS