Global Stocks Fall Further

From the New York Times online:

Global stocks on Monday picked up where they left off last week, with markets falling sharply in Europe and Asia, led by another big sell-off in China.

Investors’ concerns over China’s economic slowdown and a souring view of emerging economies have rattled financial markets around the world in recent days, and showed no signs of letting up.

In China, the benchmark Shanghai composite index closed 8.5 percent lower, erasing all of the gains it had made in an extraordinary run-up this year.

And in Europe, stocks fell sharply, with the main indexes down by 4 percent or more in the early afternoon...

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From the Wall Street Journal online:

The rout in financial markets intensified Monday, as global stocks and commodities extended last week’s steep declines.

European stocks and U.S. stock futures dived after a sharp sell off in Chinese shares accelerated, wiping out gains for the year. 

Oil prices continued to drop, while Treasuries gained as investors sought the relative safety of government bonds...
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Links:
http://www.nytimes.com/2015/08/25/business/dealbook/stocks-in-asia-fall-as-china-and-emerging-economies-lose-favor.html

http://www.wsj.com/articles/global-stocks-set-for-heavy-losses-1440399044