Stock markets

US markets drop after bleak Chinese manufacturing report

KEEPING SCORE: The Dow Jones industrial average lost 357 points, or 2.1 percent, to 16,177 as of 10:02 a.m. Eastern time. The Standard & Poor's 500 index lost 41 points, or 2.1 percent, to 1,931 and the Nasdaq composite fell 83 points, or 2.8 percent, to 4,691.

China and Greece concerns combine to roil global markets

Investors have been gripped by an increasing sense of unease this week, largely because of the uncertainty related to China. Since early summer, Chinese stocks have taken a battering but global markets haven't responded much — until now.

Following last week's decision by the country's monetary authorities to reduce the value of the yuan, China's currency, stock markets have really taken a hit.

Asia stock markets down as US earnings disappoint

KEEPING SCORE: Japan's Nikkei 225 fell 1.3 percent to 20,579.35 and South Korea's Kospi lost 1.1 percent to 2,060.76. Hong Kong's Hang Seng slipped 0.9 percent to 25,303.31. Australia's S&P/ASX 200 dropped 1 percent to 5,649.90. Stocks in Taiwan and Southeast Asia were also lower.

Stocks rise as Greece gets bailout deal with creditors

KEEPING SCORE: France's CAC 40 added 1.9 percent to 4,998.33 and Germany's DAX rose 1.3 percent to 11,457.69. Britain's FTSE 100 edged up 0.8 percent to 6,723.91. U.S. shares were set to open higher. Dow and S&P 500 futures both rose 0.7 percent.