Equity tumbles in AM following DJ big drop, on a 8-day losing streak as fears of economy slowdw amid weak manufacturing and consumer spending wipe out debt deal feel good factor.
Regional near -2% in a swift drop, the first hour of trading and remains deep in red for the rest of AM . Steady in PM but no significant bound despite stronger Djfuts +60 in PM EU near -1% .
Fbm.fkli in better condition in PM, recovering from a fresh bears zone, under 1540. Fkli finishes near day’s high but remains in dwtrend zone, under 1550. No significant upside seen for the remaining week...sideways to breakdw.
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