“U.S stocks recovered Monday from some of the morning’s mayhem that saw the Dow Jones Industrial Average plummet more than 1,000 points in the first four minutes of trading.
“By the close, the Dow was down just 588 points.
“The day’s volatile trading session followed a global stock sell-off across European and Asian markets as investors react to heightened fears that China’s economy is slowing at a rapid pace.
“All three major indexes saw their worst opens since the financial crisis of 2008.
“By afternoon, stocks had begun to pare losses from earlier in the day, as traders found scattered bargains amid the rubble.”
Read more at IBTimes.com
