The Carnage Returns: Stocks Tumble After Sharp Chinese Devaluation; Brent At 2004 Lows; Gold Surges
January 06, 2016 at 10:44 AM EST
On 2016's first trading day, stocks crashed after China shocked the world with a circuit-breaking market slide that was not contained by the government. On the second trading day, after drastic Chinese intervention, global equities stabilized.