[5 books this morning]Carefully selected news to read at the beginning of work –Bloomberg

The numbers tell us how harsh US stocks are. The S & P 500 stock index has closed 14 times so far this year, falling by more than 2% from the previous business day on a closing price basis. Half of the year has just passed, but it’s already in the worst 10 of the last 20 years. The most common was in 2008 at the time of the financial crisis, with 41 times throughout the year. 29 times in 2002 and 28 times in 2009 will follow, and if the current pace continues this year, it will be the worst 3 in history. Below are five news items to keep in mind as you start your day.

Withdraw from the last major base

Ukraine is the last major base in eastern Luhansk OblastLysychans’kWithdrew the army from. “A decision was made to save the lives of Ukrainian soldiers,” the Ukrainian army explained. Earlier, Russian state media reported that Defense Minister Sergei Shoigu had reported to President Putin that Lysychans’k had fallen. This brought Russia one step closer to its goal of controlling the Donbas region, which consists of Lugansk and Donetsk.

Accelerating record default

A real estate development company in ChinaSemo groupAnnounced that it could not redeem the dollar-denominated corporate bond worth 1 billion dollars (about 135 billion yen) on the 3rd date. In a notification to the Hong Kong Stock Exchange on the same day, he reported that the principal of several other offshore corporate bonds could not be redeemed. With the tightening of the real estate industry by Chinese authorities, defaults on Chinese corporate bonds have reached record levels. Concerns over financial soundness have been rising for the Semo Group in recent months.

Can’t be suppressed

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