The Sky Is Not Falling? China’s Stock Market Impact

Monday morning was an extremely turbulent day on the market as U.S. stocks plummeted by 1,000 points, and closed with a loss of nearly 600 points. According to CNN, the 588-point decline was the worst for the Dow Jones since August 2011. Tuesday morning however, stocks surged after China cut interest rates to help reboost the economy, partially recovering some of Monday’s losses.