Stocks tumble to open the day - KWWL - Eastern Iowa Breaking News, Weather, Closings

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Stocks tumble to open the day

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NEW YORK (AP) -- Dow Jones industrials plunge 1,000 points in early trading after Chinese stock market rout.


TOKYO (AP) -- Investors have been looking for the exit door today as international stock markets tumbled. Asia's gloom spread to early trading in Europe. China's main index sank 8.5 percent, losing all previous gains for the year amid deepening fears over the slowdown in the world's second-largest economy. Futures don't bode well for today's Wall Street opening. The dollar fell against the yen and euro. Benchmark U.S. crude oil fell to just above $39 a barrel.

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