U.S. Index Futures Tumble as China Stocks Halted After 7% Rout

January 7, 2016 2:52 AM

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U.S. index futures sank after China’s weaker yuan fix spurred a rout in the nation’s equities that triggered a market-wide halt for the second time this week.

Contracts on the Standard & Poor’s 500 Index slid 1.2 percent to 1,962.76 as of 11:43 a.m. in Hong Kong. Those on the Dow Jones Industrial Average lost 1.1 percent after the gauge capped its worst three-day start to a year since 2008. Chinese stock exchanges closed less than half an hour after they ...

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