US Stocks Slide on Worries About China's Slowing Economy
|01/05/2016||Posted by BusinessMediaguide.Com under General World News||
U.S. stock prices fell sharply Monday, with major stock indexes closing down by around 1.6 percent in the first full trading day of 2016. The selloff was sparked by a series of disappointing reports on Chinese manufacturing, and the impact of increased geopolitical tensions on oil prices. But while some analysts say the Chinese slowdown is likely to have only a limited impact on developed economies, others say what happens over the next few days will be critical.
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Source : VOANews.Com