Look Out Below

Today we will get a real test for whether the recent pullback is merely a buying opportunity, or the start of something more serious.

– Shanghai shares fall the most in 9 months, hitting a 2-month low;
– Nikkei Index fell 3.1%;
– HK shares post biggest drop in 4-½ months;
– Hang Seng falls 3.6%;
– Oil, coal, metals stocks hit by lower commodity prices;
– Singapore dropped 3.2%.

Here is what the Shanghai Index looked like prior to today’s fall:

shanghai1

chart courtesy of Investech

US Futures are down significantly:

817-futues

Asian bourses fall:

asia-indices

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under

Uncategorized