Wall Street | Wall St. plunges as China data sparks global growth fears

Wall St. plunges as China data sparks global growth fears

September 1, 2015 4:15 PM (UTC+8)

 

(From Reuters)

Wall Street shares fell close to 3.0 percent on Tuesday, pushing all three major U.S. indexes firmly into losses for the year after weak data from China intensified fears that a stumble in the world’s second-largest economy will hobble global growth.

The Dow Jones industrial average .DJI fell 468.48 points, or 2.83 percent, to 16,059.55, the S&P 500 .SPX lost 58.16 points, or 2.95 percent, to 1,914.02 and the NasdaqComposite .IXIC dropped 140.40 points, or 2.94 percent, to 4,636.11.

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