#AceBreakingNews – Dec.09: Stocks are falling Tuesday as Chinese markets plummeted and Greece saw one of its worst trading days in decades.
As of 11:43 a.m. ET, the Dow Jones industrial average is off 0.9%, the S&P 500 is down 0.8% and the Nasdaq composite is 0.6% lower. The blue-chip Dow has shed 160 points and is now 316 or so below the coveted 18,000 milestone that was within easy reach when markets opened Monday.
In Asia, Tokyo’s Nikkei 225 index dropped 0.7%. Hong Kong’s Hang Seng index and mainland China’s Shanghai composite index saw steep declines, 2.5% and 5.4% respectively.