Monday, 4 January 2016

US MARKET NEWS 05 JANUARY 2016

US stocks began 2016 sharply lower on Monday, with the Dow marking its worst start to a year since 2008, after weak Chinese economic data fanned fears of a global slowdown.

The Dow Jones industrial average closed down 276.09 points, or 1.58 percent, to 17,148.94, the S&P 500 lost 31.28 points, or 1.53 percent, to 2,012.66 and the Nasdaq Composite dropped 104.32 points, or 2.08 percent, to 4,903.09.

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