Wall Street Tumbles at Open on Fed, China Debt Fears; Dow Down 490 Pts By Investing.com – Investing.com

  • Date: 20-Sep-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

Wall Street Tumbles at Open on Fed, China Debt Fears; Dow Down 490 Pts By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- U.S. stock markets tumbled at the open on a combination of worries from China's mounting debt problems to the outcome of this week's policy meeting at the Federal Reserve.

By 9:35 AM ET (1335 GMT), the was down 488 points, or 1.4%, at 34.097 points, its lowest in two months. The was down 1.5%, also at a two-month low. while the was down 1.6% at a one-month low.