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China Stock Market May Take Further Damage On Tuesday
BEIJING (dpa-AFX) - The China stock market has moved lower in back-to-back trading days, sinking almost 70 points or 2 percent along the way. The Shanghai Composite Index now rests just above the 3,410-point plateau and it may extend its losses on Tuesday.
The global forecast for the Asian markets suggests mild consolidation amidst a lack of catalysts, with support from crude oil prices limiting the downside. The European and U.S. markets were slightly lower and the Asian bourses are also tipped to open in the red.
The SCI finished sharply lower on Monday following losses from the resource stocks, gains from the financials and a mixed picture from the property sector.
CADILLAC — It s still too early to say whether Gov. Gretchen Whitmer s appeal to Michiganders Friday to avoid dining indoors and to buckle down on COVID-19 precautions has had any