Markets plummet after Chinese market crash

The Chinese market crash sent domestic markets plummeting to open sharply lower with the Dow collapsing 374 points to 17,050. Nasdaq sank 123 points to 4,884.


On the upside


Rising crude oil prices lifted shares of energy infrastructure provider Kinder Morgan (NYSE: KMI).


Atlas Resource Partners (NYSE: ARP) stock rose as crude oil prices rebounded.


On the downside


Shares of JD.com (Nasdaq: JD) fell along with China's market crash.


Alibaba's (NYSE: BABA) finance unit Zhejian Ant Small & Micro Financial Services Group plans to raise approximately $1.5 billion by issuing stock.


Apple (Nasdaq: AAPL) increased the prices of iPhones and iPads in Germany due to a higher copyright levy.

Fiat Chrysler (NYSE: FCAU) completed the spinoff of Ferrari (NYSE: RACE).


In the broad market, declining issues outpaced advancers by a margin of nearly 8 to 1 on the NYSE and by nearly 6 to 1 on Nasdaq. The broader S&P 500 plummeted 37 points to 2,006. Bitcoin added $4 to $431.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.