Traders work on the floor of the New York Stock Exchange (NYSE) on Monday in New York City. As the global economy continues to react from events in China, markets dropped significantly around the world on Monday. The Dow Jones industrial average briefly dropped over 1000 points in morning trading. (Spencer Platt/Getty Images/AFP)Major European and Asian stock markets slumped and commodity prices hit new lows Monday as a Chinese-led rout spread globally, fed by fears of a damaging slodown in the world’s second-largest economy.Chinese stocks have tumbled since peaking in mid-June and authorities have launched broad interventions to try to …read more
Source: The Jakarta Post
