U.S. stocks end sharply lower as yuan falls

0 Comment(s)Print E-mail Xinhua, August 12, 2015
Adjust font size:

U.S. stocks tumbled Tuesday, as China's currency yuan fell drastically in value following a central bank decision to improve the yuan's central parity system that aims to better reflect its market exchange rate against the U. S. dollar.

The Dow dropped over 1.2 percent, and the S&P 500 lost 1.0 percent, while the Nasdaq plunged 1.3 percent.

Follow China.org.cn on Twitter and Facebook to join the conversation.
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter