𝐎𝐏𝐁𝐎𝐎𝐊 𝐒𝐄𝐏𝐓🪻 ⸬ 𝐁𝐎𝐉𝐎𝐀𝐍𝐘𝐀𝐑 𝐋𝐄𝐒𝐒𝐄𝐑 𝐄𝐕𝐈𝐋 𝐄𝐕𝐄𝐍𝐓 𝐎𝐑𝐆𝐀𝐍𝐈𝐙𝐄𝐑

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The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.

The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.