No Christmas cheer for stock markets after Mnuchin call

China_Financial_Markets_00968Stock markets around the world remained under pressure Monday with investor confidence weighed down by the recent big sell-off that’s put key U.S. indexes on course to record their worst December since the 1930s. News that U.S. Treasury Secretary called the CEOs of six major banks Sunday in an apparent attempt to reassure jittery financial markets only accentuated concerns in the markets.