- Chinese stocks were among the worst affected on Monday's generally lower Asian equity markets, adding to the cautious mood. While oil increased for a second day, Treasuries slowly declined.
- Hong Kong and mainland China's equity indexes both declined, with the Hang Seng index falling as much as 1.6%. Chinese real estate developers' Intelligence index fell as high as 6.4%, on pace for its worst day in nine months.
- After learning on Friday that China's Evergrande had postponed a creditor meeting scheduled to start on Monday, Chinese developers saw their business suffer. On Friday, when news that Washington and Beijing were forming working groups to tackle economic and financial concerns gave an index of US-listed Chinese companies a boost, fresh strains for developers appeared to outweigh pockets of optimism.
- Australia and South Korea saw a decline in shares as well. For the fifth time in six days, an equity gauge for the entire region decreased. Both US stock futures and Japanese equities increased. Oil increased as hedge funds increased their expectations that tighter supplies will cause the rise to resume after taking a break last week.
- After the S&P 500 fell by 0.2% on Friday to end its worst week since March, stocks fell in Asia. After closing little altered on Friday, the Nasdaq 100 index finished Monday up 0.4%, helped by advances in Apple as its newest iPhones and watches went on sale.
