New story in Business from Time: Stock Selloff Goes Global as Asian and European Markets Plunge After Dow’s Biggest Drop Ever
The global equity rout extended on Tuesday as first Asian and then European markets tumbled, sending a gauge of world stocks toward the biggest three-day slide since 2015. U.S. futures fluctuated before falling, while Treasuries steadied and the dollar edged lower. The Stoxx Europe 600 Index at one point slumped the most since June 2016, …