Global Market Sell-off

Stock market all over the world is experiencing a high level of volatility as seen from the drop in all the market indices around the world. The Dow Jones took the biggest hit when it dropped about 588 points in yesterday trading
The causes of this high level of volatility is still very unclear. Some analysts have said that the major cause of the global stock market drop in price is as a result of what is going on in China. See this article http://bloomberg.com/news/articles/2015-08-25/china-lowers-interest-rates-for-fifth-time-since-november