Flash

China’s Smallest Stocks Flash Warning of Potential Downside in Second-Largest Equity Market – Bloomberg News Story Continues to Show Volatility and Uncertainty

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SHANGHAI, China – The Chinese stock market is facing potential downside risks as small-cap stocks continue to underperform, despite renewed support pledges from regulators. While large-cap stocks saw a slight gain, small-cap shares sank to their lowest level since 2018, signaling a lack of confidence in policy support for the smaller companies. Investors are losing faith in small-cap stocks, believing that government support will focus on rescuing larger, blue-chip stocks. The stark underperformance of small-cap …

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“Pineapple Express” Hits West Coast – California Drenched in Heavy Rain as Flash Floods and Landslides Threaten

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LOS ANGELES, CA – The West Coast is currently being hit by heavy rain as a series of atmospheric rivers known as the “Pineapple Express” brings drenching storms to California. This weather phenomenon, named for its origins near Hawai’i in the tropical Pacific, has already caused floods, landslides, and significant damage to the region. The first of these powerful storms has already made landfall, impacting northern California with intense snowfall, strong winds, and dangerous rockslides. …

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