Shanghai Composite plunged, Reverberating Across Global Markets

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Global stock markets go down on Monday after China's Shanghai Composite index sank 8.5 percent, reflecting a negative outlook for China’s economy.

Image: ASX Braces For Share Plunge Following Worldwide Market Losses

SYDNEY, AUSTRALIA - AUGUST 24: The main board of the Australian Securities Exchange ASX displaying the main losses for the day on August 24, 2015 in Sydney, Australia. World markets were hit with heavy losses over the weekend. (Photo by Daniel Munoz/Getty Images)Daniel Munoz / Getty Images

Aug. 24, 2015, 12:44 PM EDT

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