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Dow slides on China fears then recovers part of losses
U S stock markets whipsawed on Monday as a fresh China-led sell-off sent the Dow Jones Industrial Average down over 1,000 points at the open, later trimming losses to near 2.2 percent. The S P 500 fell about 2.2 percent and the Nasdaq dropped around 2 percent as Apple GE and Netflix tumbled. Treasury yields fell with the 10 year 1.96 percent. China’s Shanghai composite sank 8.5 percent while Japan’s Nikkei shed 4.6 percent and European indices also declined.
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