An ugly day for stocks on Wall Street and all around the world. The Dow tumbled more than 300 points but stocks in Europe, Asia and Latin America were down between two percent to three percent. Argentina, the biggest loser, plunging four percent.
The worries started yesterday on concerns about a slow down in China`s economy.
We have special coverage from Bob Pisani on the floor of the NYSE, Sara Eisen explains why stress in smallish or even tiny foreign economies and in their currency and stock markets are having such a negative impact on Wall Street and David Gordon, chairman and head of research at the Eurasia Group along with Mark Luschini, Chief Investment Officer with Janney Montgomery Scott offer their insight.