New day of carnage for financial markets amid global sell-off

August 24, 2015 2:24 PM

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New day of carnage for financial markets amid global sell-off

Global markets entered a new day of carnage Monday amid a continuing worldwide sell-off, extending last week’s meltdown and stoking new fears over how far financial markets will fall.

Worries over China’s crumbling economy sent the Dow Jones industrial average down more than 1,000 points at its 9:30 a.m. open, its worst start since the global financial crisis.

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