The Market's New Obsession, Shanghai, Down Another 1% In Early Trading

Everyone’s focused on Shanghai these days on the belief that it’s a bellwether, so take note what’s happening now: The Shanghai Composite is off nearly 1% in early trading to 2622.47.

Other Asian indices are mixed. The Nikkei is up .3%. Korea is down .1%. Australia is up 1%.

For a recap of what happened in US action, see here.

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