THE CAUSE: A big sell-off in China and continuing re-assessments of where to invest as the Federal Reserve gets closer to winding down its easy-money policies.
THE EFFECT: Another down day on Wall Street. Stocks have fallen for three of the last four days. The big indices are clinging to tiny gains for the second quarter, which is almost over.
WHAT’S NEXT: Reports on durable goods orders, home prices, and consumer confidence are due Tuesday.