Monday, January 04, 2016

Matt 24 watch, 281: Stocks nosedive Jan 4, 2016

WSJ reports -- as red headlined on Drudge:

The article continues, in a context that China is the no. 2 global economy so has big impact:
Weaker-than-expected manufacturing data and a falling currency triggered a 7% fall in mainland Chinese stocks that led authorities to halt trading there for the rest of the day.
Meanwhile, rising tensions in the Middle East added to bearish sentiment across markets and sparked volatile trading in oil, offering a further glimpse of the themes investors say are likely to influence markets this year.

Futures markets pointed to a 1.8% opening loss for the S&P 500. Changes in futures aren’t necessarily reflected in market moves after the opening bell

The Stoxx Europe 600 fell 2.8% midway through the session, led by a 4.3% drop in Germany’s exporter-heavy DAX index . . .
Sky news is tracking:

Let us take due note but let us not be troubled. END