• Tech stocks remain the largest net sector exposure for equity hedge funds, which are set to deliver their strongest returns since 2013, Goldman Sachs said on Wednesday in a note on the industry’s most and least favoured areas of the market.
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• European equities open lower on Thursday following a mixed closed in the U.S. and expected lower trading flows due to Thanksgiving.
The pan-European Stoxx 600 was down by half of a percent with all sectors trading in negative territory.
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• Chinese shares tumbled on Thursday with the blue-chip index suffering its worst fall in nearly 1-1/2 years as worries about a selloff in the bond market bled into equities.
Consumer and healthcare firms led the fall and dragged the CSI300 index down sharply by 2.93 percent, to 4103.73, its biggest fall in percentage terms since June 13,2016. The broader Shanghai Composite Index lost 2.26 percent to 3352.99 points, its worst day since December.
Reference: Reuters,CNBC
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