Wall Street Looks for Answers as Chinese Stocks Fall Again

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)

BEIJING (AP) – China’s main stock market index has fallen for a fourth day, plunging 7.6 percent to an eight-month low.

In Japan, the Nikkei 225 index, which had risen earlier Tuesday, closed down 3.9 percent at 17,806.70.

The Shanghai Composite Index closed Tuesday down 244.94 points to 2,964.97 amid sharp declines that have rattled investors abroad and triggered a global stock sell-off. It tumbled 8.5 percent Monday.

Chinese stocks have plunged over the last two weeks despite a multibillion-dollar government effort to stop a slide in prices.

(Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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