Thursday, 3 November 2016

East is Red Again

As the S&P 500 posted its longest slide since 2008 on election angst, while Oil hovers below $45 a barrel amid concerns over global glut

Japanese equity-index futures signaled declines following a market holiday, with the yen near its strongest level in more than three weeks as traders favor haven investments ahead of the U.S. presidential election.

Shares in New Zealand, the first major Asia-Pacific market to start trading, edged lower after entering a correction.

Futures on stock gauges in Australia, South Korea and Hong Kong diverged after the S&P 500 Index capped its longest run of losses in eight years amid persistent anxiety over the outcome of the Nov. 8 vote.