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Stocks' Start to 2016: A Financial Perspective - Toledo News Now, News, Weather, Sports, Toledo, OH

China's own stocks fell so much that trading was put to a halt for the first time in history. "China is a big player; China owns a lot of our debt. So we are pretty much connected to China whether we like it or not," said Rita Mansour, Senior Managing Director at McDonald Partners. "I think there was a confluence of events that transpired over the last 24 hours; one, of course, is China. With China, it's just a reminder that China's a big part of the global economy and so that did affect other markets, the European markets, and now the U.S. markets. And actually, it's not just China.


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