Rough start to year for stock market

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Saturday, January 9, 2016
Rough start to year for stock market
The Dow Jones Industrial Average and S&P 500 saw the worst start to a year ever in 2016.

CHICAGO (WLS) -- Following a dramatic sell-off in China, the Dow Jones Industrial Average and S&P 500 saw the worst start to a year ever in 2016.

China's stock market slipped 7 percent on Jan. 7; that's the second 7 percent drop in one week. The yuan fell to its lowest level against the dollar since March 2011. Trading was automatically suspended as a result. The news made the Dow Jones skid more than 300 points.

Brian Battle, director of performance at Trust Capital Partners, sat down with ABC 7 Eyewitness News to talk about what the stock sell-off means for Illinois.