Dow plunges 900 points

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Photogaph by Nikada Getty Images/iStockphoto

Stocks were pummeled by selling Monday, pushing indexes from New York to Shanghai lower, as the yuan reeled and fresh trade threats between Beijing and Washington raised fears of an economic slowdown.

The Dow Jones Industrial Average fell 856 points, or 3.2%, to 25628. The S&P 500 shed 3.3% and the Nasdaq Composite declined 3.8%.

Stocks elsewhere retreated, with benchmark indexes in Europe, Japan and Hong Kong falling at least 1% apiece.

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