Number of new NYSE lows in one day hits highest level since Oct. 2014

The number of NYSE stocks hitting a new low reached the highest level since Oct. 15, 2014 on Monday.

Some 435 stocks traded on the New York Stock Exchange made a new low, Reuters reported. The number of new Nasdaq lows hit 245, also the most in nine months, Reuters said.

The record comes amid a broader market selloff driven by a historic plunge in Chinese stocks overnight.

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