Yesterday’s drift lower continues.It’s nothing dramatic, but after yesterday’s selloff in the US (attributed fairly or unfairly to the fiscal cliff) markets are lower again.
Italy is down 0.3%. The DAX (Germany) is just barely negative. Spain’s IBEX is down 0.48%.
The Shanghai Composite, which has really been getting beaten up, lost another 1%.
Futures are just modestly negative.
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