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S&P Futures Down On China PMI and Mexico Border Clash

S&P futures are down a good amount after the China Calxin/Markit PMI slipped into contraction territory for the first time in 19 months. China’s weakness spread to Malaysia which reported manufacturing activity shrinking to its weakest pace of expansion since it launched the survey in 2012. Taiwan also contracted to its lowest since September 2015. Source: Chinese manufacturing had an even worse December than expected, more data show

U.S. border agents launched tear gas into Mexico on Tuesday to deter a violent mob from crossing over from Tijuana into the U.S. Source: U.S. agents fire tear gas into Mexico at ‘violent mob’ near border

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