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Stocks are sliding due to a 'smorgasbord of risks' across Argentina, Italy, Hong Kong, and Singapore
  • Stocks slid on Tuesday as rising political fears in Argentina and Italy, ongoing protests in Hong Kong, and a growth warning from Singapore spurred investors to flee from riskier assets.
  • "You can take your pick from the smorgasbord of risks facing the world right now," said Neil Wilson, chief market analyst for Markets.com.
  • View Markets Insider's homepage for more stories.
  • Asian markets slumped with China's Shanghai Composite down 0.6%, Hong Kong's Hang Seng down 2.2%, and Japan's Nikkei down 1.1%.
  • European equities dropped in morning trading. Germany's DAX was down 0.7%, while Britain's FTSE 100 and the Euro Stoxx 50 were down 0.5%.
  • US stocks are set to open lower. Futures underlying the Dow Jones Industrial Average and S&P 500 were down 0.3%, while the Nasdaq was down 0.5%.
  • Gold climbed 1.4% to $1,538, its highest level in more than six years.
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Full "The Business Insider: The Money Game" article




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