MARKETS ARE TANKING, DOW OFF 105

stock market

Photo: Google Finance

Just like that, a 100 point early morning rally in the Dow disappeared.And now the Dow’s down a full 109 points.

The little bit of news that we’ve gotten this morning all seems to point to further deterioration in the global economy.

Weak Chinese imports data confirm slowing in the world’s second largest economy.

And a collapse in the NFIB small business optimism index points to weakness in the U.S. economy.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

markets moneygame-us