After initially rebounding from the Monday mini-crash, the Dow Jones industrial average and the S&P 500 closed low on Tuesday, according to MSN, which means Wall Street hasn't fully recovered from hitting a low point on Monday.
Things will probably get worse before they get better, say analysts. "Whatever triggered the consternation in the last few trading sessions is likely to be replayed again," Janney Montgomery Scott chief investment strategist Mark Luschini told MSN.
In the last half hour of trade, the Dow Jones and S&P both fell after making gains in the morning. "This is typical after a wild swing we had yesterday," Rockwell Global Capital chief market economist Peter Cardillo said.
While any fluctuation in the market causes concern for Americans, China's news is curiously absent of any market updates. Their paper "People's Daily" contained no mention of the market after their stock markets crumbled, creating disturbance to the worldwide economy, according to The New York Times.
The world economy seems to be stable despite these dips and drops in the stock market. Copper, used to gauge worldwide economic activity, rose 2.3 percent Tuesday, according to Yahoo! Finance.
