News Alert: Chinese stocks take another tumble

ASSOCIATED PRESS

BEIJING (AP) — Chinese stocks have plunged again a day after the country's main benchmark suffered its biggest tumble in eight years.

The Shanghai Composite Index fell as much as 6.4 percent to 3,004.13 in the first minutes of trading Tuesday.

But the index later trimmed its losses and was down 5 percent to 3,050.10.

The index tumbled 8.5 percent on Monday, triggering a wave of big declines on stock markets around the world, including the Dow, which fell 3.6 percent.

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