US index futures declined following China’s weak yuan fix led to another rout in the country’s markets, which ignited a trading halt for the second time this year.
The CSI 300 Index lost 7.2% before trading was suspended, activating a circuit breaker mechanism.
Contracts on the Standard & Poor’s 500 Index closed at 1,956, down 1.5%, while those on the Dow Jones Industrial Average slipped 1.4% following it capped its worst three-day beginning to a year since 2008.
The material has been provided by InstaForex Company – www.instaforex.com