(Bloomberg) — A big week for global markets is off to a messy start as stocks plunge around the world and haven bids break out. Blame everything from China Evergrande Group’s woes and the collapse in iron-ore prices to fears over the U.S. debt ceiling.
The endgame for creditors to the Chinese property giant has arrived just as traders are in a state of alert before the Federal Reserve’s meeting this week.
The Stoxx Europe 600 index dropped 1.9% Monday, on track for the biggest decline in…
Source link
