Visual Marketplace Report – August 18, 2015 by Bryan. Brand Media Studio - A Visual Content Marketing Community focusing on visual, social, content generation strategies, techniques, across media and marketing channels.
A six percent tumble in Chinese shares on Tuesday, and weak earnings from Wal-Mart pressured U.S. stocks and equities markets around the world.
Chinese stocks earlier plunged on concerns that companies may pull more money out of China as economic growth slows, lowering earnings for U.S. and European companies dependent on revenue from China.
The Dow Jones industrial average fell 33.84 points, or 0.19 percent, to 17,511.34, the S&P 500 dropped 5.52 points, or 0.26 percent, to 2,096.92 and the Nasdaq Composite declined 32.35 points, or 0.64 percent, to 5,059.35. The Visual Marketplace Index also was crushed today, as many of the stocks are dependent on Chinese market opportunities. The index lost .97 points, or roughly a 1/3 of a percent, to finish the day at 259.14.
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