US stocks fell more than 1 percent, adding to a sell-off built on concerns about reduced stimulus from the Federal Reserve and on overnight losses in Chinese equity markets.
The Dow Jones industrial average finished down 139.61 points, or 0.94 percent, at 14,659.56. The Standard & Poor’s 500 Index was down 19.34 points, or 1.21 percent, at 1,573.09. The Nasdaq Composite Index was down 36.49 points, or 1.09 percent, at 3,320.76.
In Europe, miners led a tumble in stocks today, with one gauge of investor concern hitting a four-month high on mounting worries over China’s banking system and the economic outlook for a stimulus-lite world.
The FTSEurofirst 300 was down 16.04 points or 1.4 percent at 1,116.64. The index is now down about 11 percent from the year’s May 23 high of 1,258.09.
Source: Buenos Aires Herald