Following the auction on Tuesday, the US stock markets declined

Investors are afraid that
a serious devaluation of the RMB may
indicate a worsening problem
in China's economy. By the end of the session, the
Dow Jones Industrial Average fell by 1,21%, Standard
Poor's 500 - on 0,96%, Nasdaq Composite - 1.27%.

The biggest drop
share prices of those companies that
It focused largely on
Export to China - it's automakers,
as well as manufacturers and suppliers
class of goods "luxury". Promotions General
Motors and Tiffany Co. It fell more than 2.1%
Paper automobile manufacturers
Delphi Automotive parts and BorgWarner have fallen
more than 3.7%.

Also, shares have fallen
technology companies that
receive a greater share of revenue from sales
in the Chinese market: Apple shares have fallen (by
5,2%), Micron Technology (5%). Last year, 41%
Micron revenue received from China, and Apple -
about 27% in the second quarter of this year.

The decision of the Chinese
regulator poorly reflected in the prices
for raw materials, and this, in turn, dropped
stocks of raw materials and steel
Company: Alcoa shares fell 6%
Freeport-McMoRan - 12%.

"drivers of
on the market on Tuesday remained
Macroeconomic data from which
Chinese - most important - he says
an analyst at JMP Securities in New York, Tom Wright.
- The markets for a long time focused on
the problems of Greece, but the economy
China is much larger
and a more serious problem for the world
economy, so the yuan devaluation
all excited".

some experts
fear that unexpected step Chinese
the central bank may delay lifting
Fed base rate. Because of this, cheaper
shares of banks: Citigroup, and Comerica paper fell
on 1,8%, Bank of America - by 1.4%.

Shares of software developer
Symantec Corp. It fell by 6.9%, as investors in
led by Carlyle Group Fund and the State Fund
Singapore's GIC announced that they want to buy
Symantec's Veritas Technologies Corporation company for $ 8
billion.

Google shares jumped yesterday
4.1% on the news about the large-scale
restructuring of operations and
Alphabet creating the parent holding company
Inc.