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MARKETS LIVE BLOG:

TECH DRAGS STOCKS LOWER AS RALLY HITS PAUSE

Fed's Collins warns interest rates will likely stay higher for longer

The Shanghai stock market crashed on Thursday — here's what it looks like next to the US markets

Andy Kiersz

The Shanghai Composite stock index was slammed on Thursday, dropping by 6.5%.

Over the last year, the Shanghai exchange has grown to be the third largest in the world.

Here are the ten largest stock exchanges in the world by total market capitalization, as of April 2015, according to the World Federation of Exchanges' monthly report. With a total end of April market cap of $5.6 trillion, Shanghai is the third largest exchange in the world after the two big US exchanges:

market cap chart COTD
market cap chart COTD

(Business Insider/Andy Kiersz, data from World Federation of Exchanges)

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