- China markets closed sharply lower to begin another bumpy day at global markets -- but European bourses are pleasantly positive, with most country indexes trading in the green.
- Shanghai closed down 7.6% to 2,964.97, and the smaller Shenzhen index closed 7.1% down to 1,749.07, as the government stayed silent on whether support measures were forthcoming -- which continued to spook investors.
- The Nikkei was down 4% in Tokyo. Asian corporate bonds picked up as regional markets (outside China and Japan) stabilized a bit.
- Meanwhile in Europe, the FTSE is up 1.3% in London, Germay's Dax is up 1.4% and CAC 40 up 1.3% in France.
- S&P futures are up 2.1%, Dow futures up 2.3%; while crude oil futures are +1.8% to $38.92.
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