Wall Street Panic Over Economic Crash They have Created
Wall Street plunged Tuesday after investors feared weak data from China, the world's second-largest economy, would lead to a global recession.
China's manufacturing sector suffered its quickest deterioration in over six years, leading to a three-year market low and other sectors of the Chinese economy also slowed down significantly.
In response, all three major U.S. stock indices, the Dow Jones, the S&P 500 and NASDAQ, were down two percent in early trading.
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