China Tanks 5.4%

china pollution

Another halting start to the week in China, where the Shanghai market ended down 5.4%. Banks led the way down, hinting at fresh fears over lending and bad loans.

Japanese stocks initially rallied after the historic election, but after being up by 2%, they ended down slightly. The Yen did head higher.

US futures, meanwhile, look to be following suit and are headed lower.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.