Stocks hit two-year lows as commodities stay pressured

Commodity prices edged up but held near multi-year lows on concern over an economic slowdown in major consumer China. Mining and trading giant Glencore, whose shares fell by almost a third on Monday on investor concern over its debt levels, eked out gains of 4 percent in London but only after its Hong Kong-listed shares fell 29 percent. Earlier, Asian shares slid to 3 1/2-year lows on concerns a slowdown in China will dent its previously massive demand for commodities.