China Stocks Continue to Tumble as Global Markets Recover - NBC Connecticut
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China Stocks Continue to Tumble as Global Markets Recover



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    A Chinese investor monitors stock prices at a brokerage house in Beijing, Tuesday, Aug. 25, 2015. China’s main stock market index fell for a third day on Tuesday, plunging 7.6 percent to an eight-month low despite a multibillion-dollar government effort to stop a slide in prices.

    Chinese stocks tumbled again on Tuesday, despite a rebound in markets elsewhere in Asia after a day of heavy losses, NBC News reported.

    Major Chinese stock indexes tumbled more than 7 percent, hitting their lowest levels since December and following their more than an 8 percent plunge on Monday that sent shockwaves through global financial, equity and commodity markets.

    Europe started on a firmer footing after Monday's global beating had wiped around $520.70 billion off the value of its leading stock markets.

    The pan-European FTSEurofirst 300 index clawed back 1.7 percent of the more than 5 percent it had lost as London, Paris and Frankfurt bounced 1.5 to 1.7 percent.