This morning the world markets went into free fall and basically bottomed out. Chinese and Indian primarily.
The Dow dropped 1082 points, The highest drop in at least 52 weeks.
As you can see Here
http://www.marketwatch.com/investing/future/YMU5
and Here
http://www.marketwatch.com/investing/index/DJIA
They appear to have stabilized at least for the time being.
The -1082 point drop was greater than 5% which is pretty crazy.
Now we get to watch how this ripples through the rest of the week
Just an FYI, Thats the largest single day decline in history.