Stock markets dip as oil falls towards $30 - FT.com

Stock markets dip as oil falls towards $30 - FT.com:

"Stock markets are in retreat as a renewed slide in oil prices towards $30 a barrel rattles investors and encourages buying of gold, Treasuries and the yen.
The pan-European Stoxx 600 is down 0.9 per cent after the FTSE Asia-Pacific index shed 1.6 per cent. China’s Shanghai Composite lost 6.4 per cent and US index futures suggest the S&P 500 will lose 12 points to 1,865.
Nervousness over corporate earnings is pressing Wall Street’s benchmark — investors are particularly wary of what Apple will reveal after the closing bell on Tuesday."



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