HONG KONG — The market turmoil in China spread around the world on Thursday, as global investors grew more anxious about the country’s currency and the health of its economy.
Major market indexes in the United States ended the day down more than 2 percent.
Earlier, Chinese stocks plunged by more than 7 percent, forcing officials for the second time this week to halt trading for the day — in this case, after just 29 minutes.
After the market mess, the Chinese authorities made a stark reversal, suspending a market mechanism — known as a circuit breaker — that halted trading when losses reached a threshold. The measure, put into effect just this week and intended to help stabilize stocks, may have instead intensified investors’ concerns.
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