Asia stocks retreat broadly Tuesday after strong gains a day earlier
Stocks in Asia fell Tuesday, a day after a China-led rally drove gains for many markets.And:
After two days of gains, the Shanghai Composite SHCOMP, -2.26% finished down 2.2%, while the China Shenzhen ChiNext 399106, -1.92% dropped 2.1%.
Bigger losses were seen elsewhere, with the Nikkei 225 index NIK, -2.67% NIK, -2.67% losing 2.7%, Hong Kong’s Hang Seng index HSI, -3.08% dropping 2.6% and Korea’s KOSPI Index SEU, -2.57% falling 2.6%. Taiwan’s TAIEX index Y9999, -2.00% fell 2%....
Dow futures falls about 350 points as China rally stumbles
A quintet of Dow components are set to report quarterly results, including Caterpillar and McDonald’s
Stock futures pointed to a punishing session Tuesday as a two-day rally for China’s stock market began to unravel, reviving questions about economic growth in the second-largest economy and the implications for the U.S.
Investors were also braced for a heavy deluge of earnings from major companies such as Caterpillar Inc., and McDonald’s.
How are major indexes trading?
Dow Jones Industrial Average futures YMZ8, -1.00% fell 352 points, or 1.4%, to 24,941, while S&P 500 futures ESZ8, -1.15% fell 41.75 points, or 1.5%, to 2,715.25. Nasdaq-100 futures NQZ8, -1.40% slid 127 points, or 1.8%, to 7,033...MUCH MORE
