This is Aljazeera America, good morning, live from new york city, im randall pinkston. Global markets are reeling this morning at chinese stocks take another plunge. U. S. Futures falling sharply now with the dow poised to open down about 3 . Lets look at the numbers. The shanghai composite wiped out all gains for the year, its largest fall in that market in eight nears. The nikkei tumbled four and a half , hitting a five month low. Australia had its worst one day sell off in four years, markets plunging wiping some 40 billion u. S. Dollars off the books there. European stocks are hurting, too, in london, down two and a half , germanys Main Exchange is off 3 . Adrien brown has more on whats behind this from beijing. It is another turbulent day for asian stock markets. Shanghai, the worst performing is down more than 8 , the biggest single day drop in many months. The government before the market opened has said that it was going to use billions of dollars from a state pension fund to p
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