US stocks head for biggest slump in 6 months amid fears over China’s EvergrandeUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostStocks slumped on Wall Street on Monday, mirroring losses overseas and putting the S&P 500 index on track for its biggest drop since February.Worries about debt-engorged Chinese property developers – and the damage they could do to investors worldwide if they default – are rippling across markets. Investors are also concerned that the US Federal Reserve could signal this week that it’s planning to pull back some of the support measures it’s been giving markets and the economy.The S&P 500 fell 2…Read More

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