While you were sleeping: Panic seizes global markets

Mon, 24 Aug 2015

By Margreet Dietz Aug. 25 (BusinessDesk) - Wall Street pared losses, after plunging in the first 10 minutes of trading after Chinese stocks plummeted as investors rushed to the sidelines. "Anybody with a pulse was nervous when the market opened," Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, told Reuters. "The only thing that's certain is the volatility is going to continue in the short term, given the magnitude of the moves that we've already had in the last four days." The Dow Jones Industri...

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