Troubles continue in new week on Wall Street

This July 9, 2015 photo shows a Wall Street sign near the New York Stock Exchange in New York. Asian stocks posted broad gains Thursday, Dec. 17, 2015 after the Federal Reserve ended protracted uncertainty in markets by raising interest rates for the first time in nearly a decade and signaling that further increases will be gradual. (AP Photo/Seth Wenig)

INDIANAPOLIS (WISH) – It’s a new week on Wall Street, but the story overseas is more of the same.

Joya Dass filled in for Jane King on Monday morning to talk about this business headline and other.

Chinese stocks closed sharply lower again on Monday. Meanwhile, U.S. stocks closed out the week with the first start to a year ever. The Dow Jones industrial average closed down 167 points putting it more than 10 percent below its record close last May and back in correction territory.

The late-day selloff was a “fitting end” to the Dow’s worst opening week in history.

To watch Dass’ full report click the play button above.

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