The global stock rout sparked by investor angst over China’s real-estate sector and Federal Reserve tapering worsened on Monday, with U.S. stocks falling more than 1% and European equities tumbling the most in almost a year. The S&P 500 fell the most on an intraday basis in a month, a test for the buy-the-dip mentality as the gauge jabs at its 50-day moving average. The benchmark index is still up around 17% this year. Treasuries gained along with the dollar before Wednesday’s Fed meeting, where policy makers are expected to start laying the groundwork for paring stimulus. “While the Evergrande […]

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