'The Great Fall Of China' Drives Down Stocks
A major slide in Chinese stocks has spurred one of the biggest panics in recent years, driving down markets across the globe.By Sebastian Martinez | August 24, 2015
A big slide in Chinese stocks is hitting markets around the world, including the U.S.
The Shanghai stock market fell by 8.5 percent, and ensuing panic drove down markets from Australia to the U.S. (Video via MSNBC)
Dow futures were down more than 1,000 points, but later corrected. S&P futures were down about 80 points and the NASDAQ 100 futures were down 5 percent, hitting the lowest price limit.