China shares end at 14-month lows after late selling frenzy

Reuters reports:

Chinese shares plunged more than 6 percent to 14-month lows on Tuesday after oil prices dropped again, reviving concerns about global growth and prompting a sell-off in the world's equity markets.

Battered by a late selling frenzy, the benchmark Shanghai Composite Index .SSEC ended down 6.4 percent at 2749.79 points, its lowest close since Dec. 1, 2014.

Expect U.S. stocks to be not to happy with this news.