Hints and tips:
...That compares with a 13 per cent gain for the S&P 500 this year. Pressure has also been building on the Chinese currency....
...Zhou Hao, an economist at Commerzbank, said the move was an “important policy change” because long-term property lending would probably “crowd out” the flow of credit to other sectors....
...The Europe-wide Stoxx 600 has underperformed the S&P 500 by almost 9 percentage points so far this year, a bigger gulf than at any point last year....
...Dell's shares have underperformed the S&P 500 since returning to public markets through a merger with publicly traded VMware in December 2018....
...The benchmark S&P 500 index fell 2.8 per cent....
...“The market implications of breaching 7.0 are tremendous,” said Hao Zhou, economist at Commerzbank....
...“China’s economic outlook still looks very challenging,” said Hao Zhou, an analyst at Commerzbank....
...The renminbi’s weakness “reflected bearishness towards [China’s} economic and currency outlook, said Hao Zhou, analyst at Commerzbank....
...The S&P energy sector rose 1.4 per cent....
...Across third- and fourth-tier cities, prices have doubled since the beginning of 2016,” said Hao Hong, head of research at Bocom International in Hong Kong....
...The S&P 500 ended 0.7 per cent higher on Tuesday at a record close of 2,599. Mr Wee said there is still room for Hong Kong stocks to climb higher....
...The S&P/HKEX Growth Enterprise Market index fell as much as 2.3 per cent to 279.17 on Wednesday, the lowest intraday level on record for the index and down 11.8 per cent in the week to date....
...S&P 500 futures show the benchmark adding 1 point to 2,270....
...Across the Atlantic, the S&P 500 ended flat at 2,269 — shy of last Friday’s record closing and intraday highs of 2,276.98 and 2,282.10....
...Zhou Hao at Commerzbank said he expected recently imposed measures to cool China’s property market to weigh on the economy in coming quarters....
...US index futures suggest the S&P 500 will climb 7 points to 2,181, in line for another record close....
...Zhou Hao at Commerzbank said the official PMI suggested China’s economy has stabilised thanks to a rally in property and commodity prices....
...Zhou Hao at Commerzbank said he expects recently imposed measures to cool China’s property market to weigh on the economy in coming quarters....
...Index futures suggest the S&P 500, which finished the previous session a fraction off record highs, will slip 4 points to 2,267....
...Australia’s S&P/ASX 200 was up 0.4 per cent. The pound was down 0.1 per cent at $1.2289 in Asia....
...Australia’s S&P/ASX 200 was 0.4 per cent lower, while Korea’s Kospi was off by a quarter of a percentage point and Taiwan’s Taiex was down 0.3 per cent....
...The market has to prepare a little bit for the downside risk in other Chinese data and some sort of market correction might be inevitable,” said Hao Zhou, an economist at Commerzbank....
...US index futures suggest the S&P 500 will add less than 0.2 per cent to 2,049.6 when the opening bell rings later in New York, writes Jamie Chisholm....
...“The improvement in the private PMI is seemingly in line with recent capital inflows into the emerging market space,” said Hao Zhou, analyst at Commerzbank....
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