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Stocks in turmoil as China devalues currency

Name: Stocks in turmoil as China devalues currency
Uploaded: 2015-08-12T07:10:00-0400
Duration: 1 min 37 s
Description: American companies are feeling the impact of China's move to weaken its currency. China has devalued the yuan for the second straight day. The initial move Monday sent stocks tumbling in the U.S. Seth Doane reports from Beijing.

American companies are feeling the impact of China's move to weaken its currency. China has devalued the yuan for the second straight day. The initial move Monday sent stocks tumbling in the U.S. Seth Doane reports from Beijing.