International stock markets

International stock markets drop sharply

Monday the 24th of August, 2015 has been the worst day for European markets since 2008 with the FTSE shedding 74 billion pounds and the Dow Jones falling 1,000 points.

The world’s  second most profitable listed company, Apple saw its share price fall 13% before regaining ground.

Many attribute this slump to the weakness of the Chinese stock market. There are those who point to a blip caused by the summer season, which sees many risk takers on vacation.