Morning Highlights

• China’s Shanghai Composite index has entered a bear market and is now down over 20% since January
• GE the fallen industrial icon, to Spin Off Health Business, Divest Baker Hughes Stake. GE also looking to reduce net debt by about USD$25bn by 2020. https://www.bloomberg.com/news/articles/2018-06-26/ge-is-said-to-plan-health-spinoff-baker-hughes-sale-wsj-says
• European equities are mostly higher, despite trade tensions, before midday while Asian equities finished mostly lower, and US equities are lower before their open. Euro Stoxx 50 up 0.18%, FTSE 100 up 0.30% and CAC 40 +0.16%

Submitted June 26, 2018 at 07:18AM by QuantalyticsResearch https://ift.tt/2tLtpTJ