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5 charts show how brutal July has been for markets, like China
Ahead of Friday’s open, the S&P 500 index is set to finish the month of July up 2.2%, while the Nasdaq Composite is looking at a gain of nearly 3%. In fact, the S&P 500’s SPX, +0.05% SPX, +0.05% gains in July are on pace to be the second-best monthly performance of the year, behind February’s 5.5% rally and the Nasdaq Composite Index’s COMP, +0.10% monthly gain is second-best to a 7% surge in February. But elsewhere in the financial universe, July has been absolutely brutal. Investors in China, commodity stocks, emerging markets and even Twitter TWTR, -0.76% down 11% for the week and Yelp Inc. YELP, -0.27% ... (full story)