A Roller Coaster Day On Wall Street

People watch trading boards at a private stock market gallery in Kuala Lumpur, Malaysia on Monday, Aug. 24, 2015. Stocks tumbled across Asia on Monday as investors shaken by the sell-off last week on Wall Street unloaded shares in practically every sector. (AP Photo/Joshua Paul)

NEW YORK (AP) – It’s been another eventful day on Wall Street, where stocks surged higher in the early going — only to see those gains wiped out by late afternoon. The Dow industrials, which had been more than 400 points higher this morning, ended with a loss of more than 200 points. This morning’s gains came as traders around the world welcomed the decision by China’s central bank to cut interest rates, as a way of boosting the world’s second-largest economy.

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