U.S. stock futures: Dow -0.4%. S&P -0.4%. Nasdaq -0.4%- 5/19/14

World stocks head lower

• Global equities are generally lower as sentiment in China gets dragged down by further evidence that the country's property sector is cooling and by new regulations aimed at lowering risks in the shadow-banking sector.
• The U.K.'s FTSE 100 is -0.8%, pulled lower by AstraZeneca (-12%) after it rejected Pfizer's latest mega-bid.
• However, Indian shares continue to celebrate Narendra Modi's landslide election win.
• Japan -0.6%, Hong Kong flat, China -1.05%, India +1.1%.
• Euro Stoxx 600 -0.75%, Paris -0.7%, Frankfurt -0.7%, Milan -2.6%, Spain -1.35%.
• U.S. stock futures: Dow -0.4%. S&P -0.4%. Nasdaq -0.4%

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