Asia:
Nikkei down 0.70 %
Shanghai Composite fell 5.30 %
Hang Seng declined 2.55 %
ASX dropped 1.70 %
Futures:
S&P 500 lost 0.30 %
DAX 0.70 % lower
The Shanghai Comp was the biggest mover overnight and erased the past two days gains in less than an hour.
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