- Asian shares are mixed but European equities and U.S. stock futures mostly trade lower.
- Chinese shares add to yesterday's sharp drop and fall 2% amid ongoing concerns about the property sector and amid a sliding yuan. The further draining of money from the financial system by the PBOC is also not helping.
- However, Japanese shares rise 1.4% as stocks again make sharp daily moves, which have been going in either direction lately.
- In Europe, the mood has been dampened by disappointing earnings reports from the likes of Vivendi and Fresenius.
- Elsewhere in Asia, Hong Kong -0.3%, India +0.2%.
- Euro Stoxx 50 -0.15%, London -0.6%, Paris -0.5%, Frankfurt -0.3%, Milan -0.4%, Madrid +0.2%.
- U.S. stock futures: Dow -0.1%. S&P -0.1%. Nasdaq -0.1%
http://daytradingstock-blog.blogspot.com/