Oil Bear Market Sends Global Stocks, Yields Sliding; Chinese MSCI Addition Fizzles
![Oil Bear Market Sends Global Stocks, Yields Sliding; Chinese MSCI Addition Fizzles Oil Bear Market Sends Global Stocks, Yields Sliding; Chinese MSCI Addition Fizzles](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/235c4d6dbb7c6385005e187d6e03a6f4-500x375.jpg?itok=KbZnJhO_)
In an eventful overnight session which saw a historic transition in Saudi Arabia, an unexpected Republican victory in the Georgia Special Election, China's inclusion in the MSCI EM index and Travis Kalanick's resignation, S&P futures continued to fall, alongside stock markets in Asia and Europe, while oil prices extended their drop despite a larger than expected draw reported by API on Tuesday.