The Traderszone Network

Published in TZ Latest News 11 August, 2015 by The TZ Newswire Staff

Stocks Slump In Higher Volume; China Devaluation Bad News For Apple

News that China devalued its currency sparked another wave of selling on Wall Street Tuesday as investors worried about the health of the world’s second largest economy. At the close, the Nasdaq lost 1.3%, the Dow Jones industrial average fell 1.2% and the S&P 500 fell 1%. Preliminary data showed volume on the NYSE and Nasdaq coming in higher than Monday’s levels in the stock market today.

read more