China equities plunge following 10-day rally

Chinese equities come crashing back to Earth, snapping a 10-day winning streak following the PBOC’s recent stimulus measures as economic realities sober up markets. Stateside, the DoJ is considering a break-up of Google following August’s landmark monopoly ruling. French Prime Minister Michel Barnier’s fledgling government survives a parliamentary vote of no-confidence as he prepares to launch his budget plans to cabinet tomorrow. And in Florida, Hurricane Milton has once again been upgraded to a Category 5 storm with authorities urging Gulf Coast residents to leave the region. President Biden has warned evacuation is now a matter of life and death.