Dow Jones futures fall about 500 points as China, US Fed taper fears mount


Source: tradingforkeeps.com tradingforkeeps.com

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[post] was originally published on [this site] European stocks were 1.8% lower, slipping to two-month lows, with energy and mining stocks tumbling as the dollar’s jump to near four-week highs crushed commodity prices. Holidays in Japan, China and South Korea meant trading was thin in Asia, while politics added extra uncertainty with elections in Canada and Germany bookending the week. Shares in China Evergrande plummeted 12% after earlier losing as much as 19% to more than 11-year lows. The company’s listed units also fell, as investors worried about the real estate developer’s ability to repay a small portion of its...