Political Stress Weighs On Hong Kong, Brazil Markets

Investor's Business Daily - Investing RSS http://ift.tt/1pmNkNK Two very different political situations sent markets in Hong Kong, China, and Sao Paulo, Brazil, to heavy losses on Monday. Hong Kong's Hang Seng index stumbled 1.9%, putting it 8% below its Sept. 3 high and down a fraction so far for the year. Brazil's Bovespa Index crumpled more than 4%. It still shows a modest year-to-date gain in what has been a volatile year. Hong Kong's sell-off followed Sunday night's reports of failed attempts by the