In this Friday, June 28, 2013, photo, Trader Timothy Nick, right, works on the floor of the New York Stock Exchange. Asian stock markets floundered Friday July 26, 2013 as China pressed ahead with industrial restructuring that is partly to blame for slowing growth in the world's No. 2 economy. (AP Photo/Richard Drew)

In this Friday, June 28, 2013, photo, Trader Timothy Nick, right, works on the floor of the New York Stock Exchange. Asian stock markets floundered Friday July 26, 2013 as China pressed ahead with industrial restructuring that is partly to blame for slowing growth in the world's No. 2 economy. (AP Photo/Richard Drew)

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