China's response to slowing growth has global effect as indexes tumble

Stocks fell in numerous markets on Monday, led by Hong Kong shares, while United States equity-index futures tumbled with commodities amid speculation that China may accept slower growth.

Bonds rallied after officials from the world's biggest economies warned of rising financial risks.

Finance Minister Lou Jiwei said that growth in Asia's largest economy faces downward pressure and reiterated that there will not be major policy changes in response to individual economic indicators.