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“We’re coming into a period of illiquidity for equities,” the author of the Global Macro Investor newsletter, followed by the world’s biggest hedge funds, told MarketWatch in a recent interview.

Vanguard’s S&P 500 exchange-traded fund VOO, +0.68% shows an outflow of $2.9 billion at the start of this week, marking the biggest withdrawal in the past 10 months, notes Naeem Aslam, chief market analyst at ThinkMarkets:

The buzz Apple AAPL, +1.35% pulled an app that allowed Hong Kong protesters to track police, a day after being harshly criticized by a China state newspaper.

Senate Majority Leader Mitch McConnell, a longtime opponent of reforming marijuana laws, expected to spend two days meeting with industry executives, sources tell MarketWatch.