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Week begins with stocks in the red

Jun. 13, 2016 4:13 AM ETBy: Yoel Minkoff, SA News Editor12 Comments
  • Equities across the globe are posting significant losses ahead of a data heavy week in the U.S. that will include retail sales, inflation and other economic figures.
  • Reasons for the declines: Brexit woes, weak Chinese investment growth, fresh strength in the yen, slipping oil prices and the worst mass shooting in U.S. history.
  • Traders are also anticipating a busy week for central banks with Fed, BOJ, SNB and Bank of England meetings.
  • Asia: Japan -3.5%; Hong Kong -2.6%; China -3.2%. India -1%.
  • Europe: London -0.3%. Paris -0.8%. Frankfurt -1%.
  • U.S. futures: Dow -0.3%. S&P -0.3%. Nasdaq -0.3%.

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