IEV - Biggest Drop In The S&P 500 In June Weighs On Global Equities
Overview: The S&P 500 fell nearly one percent yesterday, its steepest fall this month and this was a weight on Asia-Pacific and European activity. Most markets have eased, though not as much as the US did. Hong Kong, India, and Singapore were notable exceptions in Asia, where the MSCI benchmark slipped for a second day. Led by healthcare and real estate, Europe's Dow Jones Stoxx 600 is off for the fourth consecutive session. US shares have stabilized, but the gap created by the sharply higher opening on June 18 (~2897.3-2905.4) may still draw prices. Benchmark