American stocks have plummeted to their worst one-day performance since the September 11th terrorist attacks in 2001. The Dow Jones lost 200 points in just one-minute at around 3pm today.
The drops come as an aftermath of drops in the Chinese economy with the Shanghai sliding 9%, during Tuesday the Dow Jones Industrial Average fell 415 points (3.35%) to 12,216 ,the NASDAQ fell 96 points (3.9%) to 2,407 and the S&P 500 Index dropped 50 points (3.5%) to 1,399.
Apple Inc. also fell on news that its Apple TV product would be delayed until mid-March.