U.S stocks tumbled in early morning trading Monday as uncertainty about the timing of Federal Reserve rate hikes and persistent fears about a China slowdown continue to weigh on financial markets after last week's wild ride.
NEW YORK - Stocks moved lower in early trading Monday, as oil prices fell and investors reacted to signs that the Federal Reserve was still on pace to raise rates this month.
A central bank's work is never done, it seems. Last week's market swings have led to building expectations that the European Central Bank will boost its €1 trillion stimulus program.
SHANGHAI Chinese state media announced a slew of confessions on Monday following investigations into dramatic stock market fluctuations, including from a reporter who said he had spread false information that had caused "panic and disorder".
Indian leaders have struggled to contain a surge of hope and national pride as they contemplate the recent meltdown of China's markets and calculate the opportunities for the relatively small but fast-growing Indian economy.