China Roils Markets for Second Day as Yuan Tumbles With Stocks

Updated on

Yuan Tumble Tests China’s Free-Market Resolve

The Standard & Poor’s 500 Index reversed a 1.5 percent decline as investors turned to U.S. shares after China’s shock currency devaluation spurred a global equity selloff. Gold rallied while the dollar retreated.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.