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:
chart courtesy of Investech
US Futures are down significantly:
Asian bourses fall:
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