It's a global market rout

From businessinsider.com

It's 2016's first day of trading, and markets around the world are getting slammed. The US stock market is plunging with the Dow down 450 points (2.6%), S&P 500 down 52 points (2.5%), and Nasdaq down 155 points (3.0%). Europe is getting smoked, with Britain's FTSE 100 down 2.2%, Germany's DAX down 4.1%, and France's CAC 40 down 2.5%. The big headline maker was China, where the CSI 300 stock market index crashed 7% before markets were halted for the day. Japan's Nikkei and Hong Kong's Hang Seng followed China lower, closing down 3.0% and 2.7%, respectively. New data out of China confirmed that manufacturing in the ... (full story)