US: Stocks sink as China worries mount: S&P -1.9%

US stocks opened sharply lower on Tuesday as poor factory data from China sparked another round of global selloffs. 

PHOTO: BLOOMBERG

SEP 1, 20159:42 PM

[NEW YORK] US stocks opened sharply lower on Tuesday as poor factory data from China sparked another round of global selloffs.

Five minutes into trade, the Dow Jones Industrial Average was down 1.94 per cent, while the S&P 500 lost 1.92 per cent and the Nasdaq Composite gave up 1.96 per cent.

AFP