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US stocks finished sharply lower on Monday and were on track for their worst quarter in four years as investors worried about the health of China’s economy and its potential impact on the timing of a US interest rate increase.
The Nasdaq composite lost 3 percent and S&P 500 dropped more than 2 percent.
The Dow Jones industrial average fell 1.92 percent to end at 16,001.89 points. The S&P 500 lost 2.57 percent to 1,881.77 and the Nasdaq Composite dropped 3.04 percent to finish at 4,543.97.
Posted in: Indian Market Tips
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