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Oil prices fell. But investors also saw opportunity, moving fast and early to snap up some bargains.

The New York Stock Exchange invoked a rule saying market makers don’t have to disseminate price indications before the opening bell in an effort to make it easier and faster to open stocks on a volatile trading day.

Companies that primarily drill for oil onshore in the U.S., such as Continental Resources, have suffered even steeper declines. “This is about growth“.

Relatively few Chinese are invested in the stock market, and the vast majority of Chinese companies still have access to financing.

The Shanghai Composite closed down 3.4% and the smaller, tech-heavy Shenzhen index lost 3%.

Having been outperformed by their larger peers earlier in the session, small-cap stocks roared higher in afternoon trade, with the CSI 500, Shenzhen Composite, and tech-heavy ChiNext indices all finishing with gains in excess of 2%.

– Kuala Lumpur’s main index rose 1.37 percent, or 23.22 points, to close the day on 1,723.14. The Nasdaq composite rose 17.05 points, or 0.3 percent, to 5,128.78. Margin debt surged fivefold over the preceding 12 months, propelling the Shanghai Composite to a 150 per...