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US stocks open sharply lower amid global rout

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New York: US stocks opened sharply lower on Monday with the Dow Jones Industrial Average sliding below 16,000 for the first time since February 2014, as a rout in global markets continued to intensify.

Shortly after the opening bell, the Dow Jones Industrial Average plunged 829.79 points (5.04 percent), to 15,629.96. The S&P 500 dropped 91.72 points (4.65 percent), to 1,879.17. The Nasdaq Composite Index dived 283.27 points (6.02 percent), to 4,422.77, Xinhua reported. The Chinese stock markets had their worst day in eight years with the benchmark Shanghai Composite Index tumbling 8.49 percent to close at 3209.91 points.

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It has been reported that weak economic data has fueled worries that a drop-off in Chinese growth could cause a global slowdown. European equities also dived on Monday following previous session’s deep decline, as the Stoxx Europe 600 was down over 6 percent and Germany’s DAX fell 4 percent. US stocks saw a heavy fall on Friday, with the Dow nosediving more than 500 points, as a broad-based heavy sell-off in global stock markets weighed on U.S. market. The CBOE Volatility Index, often referred to as Wall Street’s fear gauge, soared 46.45 percent to end at 28.03 Friday.

(IANS)

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Facebook Introduces Free Online Education Programme in The US

The "We do" module lets educators and students learn together. And the "You do" is designed to help students practice their new skills

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Facebook likely to launch camera-equipped hardware for TVs. Pixabay

Facebook has launched in the US free online education programme CodeFWDTo to increase the numbers of underrepresented and female students interested in pursuing computer programming.

“We’re working on a number of initiatives like CodeFWD to widen the pipeline of diverse talent studying computer science so the next generation of tech innovators reflects and incorporates diverse perspectives, building a future that benefits us all,” Lauryn Ogbechie, Education Partnerships Director at Facebook, said in a statement on Tuesday.

Created in partnership with connected toys maker Sphero, CodeFWD by Facebook, has been designed for both English and Spanish speakers.

It is a three-step programme where educators and organisations introduce computer programming to 4th to 8th grade students.

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Facebook App on a smartphone device. (VOA)

With the first module “I do”, CodeFWD prepares educators to introduce the basics of computer programming to their students, even as they may be discovering the concepts themselves.

The “We do” module lets educators and students learn together. And the “You do” is designed to help students practice their new skills.

Also Read- Actress Disha Patani Can’t Judge Herself in Terms of Acting

“After completing these three steps, educators who want to continue developing their students’ coding skills using a tangible, hands-on product can apply to earn a free classroom set of programmable robots from our partners at Sphero,” Ogbechie said. (IANS)

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